DRFF in the News
Aug 22
2023
Singapore, Wednesday 16 August 2023 – On Monday 14 August 2023 the SEADRIF Insurance Company made two payouts totaling US$1.5 Million directly to the Government of the Lao PDR to provide rapid support to the country. This is just 1 business day after the Lao PDR Ministry of Finance submitted the notice of loss forms to trigger two payouts on Friday 11 August 2023. The SEADRIF Insurance Company is part of the broader SEADRIF Initiative that provides participating ASEAN member countries with... Keep reading
Aug 22
2023
“The State of Inclusive Financial Services & Global Evidence on Strengthening Climate Resilience”, the second webinar in the Disaster Risk Financing Solutions for Climate-resilient Livelihoods in the Agricultural Sector knowledge series, was held on July 13, 2023 . The webinar focused on climate-responsive financial products, their practical applications, and the global implications of innovative products on enhancing climate resilience. Peter Zetterli (Senior Financial Sector Specialist,... Keep reading
Jul 08
2023
As the effects of climate change continue to mount, the introduction of the Global Shield against Climate Risks offers a beacon of hope. This joint initiative between the V20 and G7 aims to provide more systematic, coherent, and sustained financial protection to climate-vulnerable countries. It leverages the success of tried and tested financial instruments within the InsuResilience Global Partnership. The recently concluded InsuResilience Annual Forum 2023 , held in Bonn, Germany, on June 9,... Keep reading