Rajah & Tann Singapore, member firm of Rajah & Tann Asia, advised Zenkyoren on a landmark US$100 million catastrophe bond, Nakama Re Pte. Ltd. (Series 2025-1), providing earthquake risk protection in Japan. This first-of-its-kind deal uses Asian Development Bank bonds as collateral, marking a global milestone in the alignment of sustainable development goals with insurance-linked securities. Partner Simon Goh from the Insurance & Reinsurance Practice and Partners Lee Xin Mei and Cheryl Tan from the Capital Markets Practice led the transaction.