DRFF in the News
Nov 25
2019
On July 3-5, 2019 the World Bank's Crisis and Disaster Risk Finance team co-convened a workshop on disaster risk financing with the Ministry of Finance (MoF), the National Disaster Management Authority (NDMA), and the National Disaster Risk Management Fund (NDRMF) of Pakistan. The objectives of the workshop were to (i) discuss the financial challenges that Pakistan faces after natural disasters and its current efforts in disaster risk management; (ii) discuss options to address these... Keep reading
Nov 04
2019
A catastrophe bond has been launched to the market seeking to secure risk transfer and disaster insurance protection for the Philippines, with the World Bank supporting the country in securing a capital markets backed source of capacity for catastrophe loss events. The $225 million Philippines cat bond will aim to secure the country both earthquake and tropical cyclone insurance coverage, on a modelled loss trigger basis. Click here to access the press release. Keep reading
Nov 04
2019
