The proposed fund, intended for building hard infrastructure against flooding in high-risk communities, would be co-invested by federal and state governments over 10 years.
The budget outlines support for new insurance solvency rules and greater disclosure standards, but focus on growth sectors—such as low-altitude aviation and autonomous vehicles—will bring new opportunities...
Amid growing interest from private equity and institutional investors, IFSCA is proposing a framework to allow SPVs to issue and manage catastrophe bonds.
Through generative AI, the system aims to streamline policy reviews, reinforce existing controls, and support consistency across multinational and captive programmes.
