DRFF in the News
Jan 12
2022
On December 09, 2021, in partnership with Switzerland's State Secretariat for Economic Affairs (SECO), the World Bank Group's (WBG) Disaster Risk Financing and Insurance Program (DRFIP) hosted the 6th session of the Knowledge Exchange Series. The session focused on the Catastrophe Risk Insurance Market Development. The series is a continuation, in virtual formats, of traditional knowledge exchange events that take place every two years to empower countries under the program through sharing... Keep reading
Dec 16
2021
Indonesia is one of the most disaster-prone countries in the world. Perched on the Pacific “Ring of Fire,” it is home to 76 active volcanoes. An archipelago of tens of thousands of islands spanning 5,100 km from one end to the other, in recent years, tsunamis have pounded the shores of North Sumatra, Sulawesi and West Java. Volcanic eruptions, flooding, and landslides, infrequent events elsewhere, are regular occurrences in Indonesia. In addition to the cost to human life and property,... Keep reading
Dec 03
2021
The seventh webinar in the Strengthening Financial Resilience in Agriculture Knowledge Series took place virtually on December 1, 2021. The session discussed the role of macro and meso-level risk transfer solutions for agriculture, with focus on insurance products and credit guarantees. The seventh webinar built on the previous webinar which focused on micro-level risk transfer instruments. Qhelile Ndlovu (Financial Sector Specialist, Crisis and Disaster Risk Finance [CDRF], World Bank Group, [... Keep reading