Launch of the first parametric pool of natural catastrophes
Tana river, Kenya |
This pool is designed to offer African countries the possibility to sell parametric insurance policies, a coverage that protects crops against drought when it reaches certain predefined criteria. A mechanism for prompt payment has been set up. Kenya, Mauritania, Mozambique, Niger, and Senegal are the first countries selected to benefit from these covers.
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Mon, 23/06/2014 - 08:59
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