The Inter-American Development Bank (IDB) and reinsurer Swiss Re have been working on a natural disaster insurance facility for the Dominican Republic for over a year (our previous coverage on this facility). Now, the project is getting nearer to launch and has passed another milestone as the IDB have provided the Dominican Republic with a […]
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We’ve followed up on our story from last Friday about the cooperative efforts between the Inter-American Development Bank (IDB) and reinsurer Swiss Re to create a catastrophe insurance facility for the Dominican Republic. We spoke with Guillermo Collich, a principal financial markets specialist at the IDB to get a better understanding of the proposed facility.
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The Inter-American Development Bank (IDB) and reinsurer Swiss Re are working on a catastrophe insurance facility for Caribbean country the Dominican Republic. The project to establish this cover has been ongoing for a year or more as the IDB worked with various third parties to establish the best way to secure natural disaster cover for […]
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