catastrophe insurance

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Bill seeks to make D.C. an international financial center for catastrophic insurance reserves

A new bill which has been introduced this week seeks to make the District of Columbia into an international financial center for catastrophic insurance reserves to rival the likes of Bermuda and the Cayman Islands. Congresswoman Eleanor Holmes Norton has introduced the District of Columbia National Disaster Insurance Protection Act read the full article →

ASEAN nations to progress with plans for disaster insurance fund

Members of the Association of Southeast Asian Nations (ASEAN) have agreed to press ahead with plans for a disaster insurance fund after a meeting of their finance ministers last Friday in Bali. The ministers agreed that a regional disaster and catastrophe insurance facility is essential to deal with events such read the full article →