DRFF in the News

Students at primary school in Burundi. Photo: World Bank For Niella Akimana, a twelve-year-old student in Gatumba, Burundi, going back to school after the floods was not something she could take for granted. During the March 2026 rainy season, Gatumba has been severely affected by rising water levels in the Rusizi River and flooding from Lake Tanganyika, which have destroyed homes and turned roads into rivers. Niella’s family, like many others in the area, was struggling to recover and could not...

In April 2026, the Good Practice Guide for Municipalities to Approach Disaster Insurance was launched jointly by the South Africa National Treasury and the World Bank Disaster Risk Financing and Insurance Program (DRFIP). The launch event brought 110 from the metro areas, secondary cities and various industry bodies, as well as the partners involved in the guide such as the National Treasury, World Bank, Department of Cooperative Governance and Traditional Affairs (CoGTA), Cenfri, South African...

From June 9-12, the "Disaster Risk Insurance Academy Impact Program 2026" brought together close to 40 reform champions – senior government officials, central bank representatives, regulators, and local insurance industry leaders – from 17 countries for a conversation that is at the heart of disaster risk finance: narrowing the insurance protection gap. The four-day Learning Week was co-organized by the World Bank Group and the Insurance Development Forum, with support from the Global Shield...