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World Bank looks at new cat bond risks, including cyber, famine, migration

The World Bank continues to explore ways it can expand the range of risks and perils that its member countries can hedge using risk transfer structures including catastrophe bonds.To-date, the World Bank has helped its member countries to hedge more than $4.25 billion of natural catastrophe risk, as well as read the full article →

Famine Action Mechanism launched to link early warnings with financing

A new partnership aims to put the powers of technology, big data and financing together to help prevent future famines, by bringing together science and technology to create forecast based financing models that can distribute capital when it is needed, in advance of famine breaking out.The United Nations, World Bank read the full article →