World Business Report - Jamaica to get $150 million from “catastrophe” bond

Download Jamaica to get $150 million from “catastrophe” bond

The World Bank has confirmed that Jamaica will receive a full $150 million payout from its catastrophe bond, which is the maximum possible, after Hurricane Melissa met the pre-agreed trigger conditions. Leanna Byrne hears from Jorge Familiar, the World Bank’s vice-president and treasurer.

Also, one of the biggest broadcasters in the UK has confirmed its "preliminary" discussions with Comcast, owner of Sky, to sell its broadcasting business for around $2 billion.

And, as the US government shutdown hits 38 days, we look at one government tax lawyer in Washington DC, who is staying busy by running a full-time hot dog stand.

Presenter: Leanna Byrne
Producer: Ahmed Adan
Editor: Gideon Long

Published on Friday, 7th November 2025.

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