Tokio Marine becomes first Japanese insurer to issue SDB-based cat bond

Proceeds of US$100m Kizuna Re III will go toward Sustainable Development Bond to fund ESG projects in IBRD member countries.

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Tokio marine becomes first japanese insurer to issue sdb based cat bond
Tokio marine becomes first japanese insurer to issue sdb based cat bond
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Tokio marine becomes first japanese insurer to issue sdb based cat bond

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