DRFF in the News
Sep 20
2017
Representatives from Finance Ministries across the Pacific Islands came together in Apia, Samoa to attend the Annual Disaster Risk Finance and Insurance Workshop hosted by the World Bank and Pacific Islands Forum Secretariat. The workshop is an annual opportunity for participants to exchange ideas and receive information on the latest development in Disaster Risk Finance in the region. This year, participants received an update on the status of the Pacific Catastrophe Risk Insurance Company (... Keep reading
Aug 28
2017
(Kenya) The recent drought will see a consortium of insurers pay livestock farmers in semi-arid regions millions more after the initial payment in February. The seven firms under Kenya Livestock Insurance Programme (KLIP) will pay farmers Sh319 million for long-rain failure starting next month, on top of the Sh215 million paid in February on poor short rains. The payout is intended to help farmers purchase animal feeds, provide water, procure animal healthcare services as well as move animals... Keep reading