DRFF in the News
Nov 14
2017
Read the full story and watch the video Sovereign Catastrophe Risk Pools : World Bank Technical Contribution to the G20 Working Paper: Sovereign catastrophe risk pools : A brief for policy makers Securing access to financial resources before a disaster strikes through sovereign catastrophe risk pools allows countries to respond quickly to disasters and reduce their impact on people and their livelihoods. This is what islands in both the Caribbean and the Pacific have done over the last decade... Keep reading
Oct 21
2017
A World Bank mission led by Olivier Mahul, Practice Manager of DRFIP, attended the APEC Finance Ministers' Meeting in Hoa An, Vietnam. APEC Finance Ministers have welcomed the cooperation among the APEC economies on Disaster Risk Finance and Insurance (DRFI), with the World Bank as the lead technical facilitator, and have encouraged this work to continue in 2018. Click here to read the joint statement from APEC Finance Ministers. Keep reading
Oct 05
2017
From October 2 to 4, the Pacific Alliance Catastrophe ( CAT) Bond Technical Workshop brought together member countries of the Pacific Alliance - Chile, Colombia, Mexico and Peru. The members reviewed the results of the reports generated during the preparatory technical assistance phase for issuing a joint Catastrophe Bond and used this workshop to fine-tune the parameters needed to move to the structuring phase of the potential CAT Bond. This is the first time that multiple countries come... Keep reading