Inter-American Development Bank

The Inter-American Development Bank has been discussing new disaster risk financing instruments to assist countries in Latin America and the Caribbean to recover after major natural disaster or weather events. A disaster fund has been discussed and is one of the options on the table. Other instruments which have been discussed are contingent capital type […]

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 […]