Inter-American Development Bank

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IADB looking at contingent disaster financing for Latin America and Caribbean

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 read the full article →

Dominican Republic parametric catastrophe insurance facility nearing launch

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 read the full article →