Collaboration on catastrophe risk insurance for cyclones, earthquakes and tsunamis SUVA, FIJI, March 31, 2017 — Pacific Island countries will have better access to catastrophe insurance to reduce financial...
Date: March 31, 2017
Type: Press Release
Language: English
Since the World Bank Group first forayed into index insurance in 2000, the financial instrument has been widely accepted as an innovation that helps small players gain access to finance and sustain their...
Date: March 20, 2017
Type: Feature Story
Language: English
Warsaw, 6 December, 2016 – Financial sector development must go beyond improving access to bank credit. Financial systems should develop in a balanced way through both bank and non-bank subsectors, including...
Date: December 6, 2016
Type: Press Release
Language: English
BANGKOK, November 25, 2016 – The Office of Insurance Commission (OIC) of Thailand and the World Bank signed yesterday an agreement for the World Bank to provide advice to the Office of Insurance Commission,...
Date: November 25, 2016
Type: Press Release
Language: English
Ladies and gentlemen, good afternoon. I am delighted to be here. It is very good to be back to an IAIS Annual Meeting and in particular to Asuncion. Since those days during your meeting in Budapest, I...
Date: November 11, 2016
Type: Speeches and Transcripts
Language: English
The World Bank Group’s foray into index insurance started in 2000 with a $117,000 Development Marketplace grant to pilot weather insurance in four countries. Since then the institution has worked...
Date: November 10, 2016
Type: Feature Story
Language: English
MR. THEIS: Good morning. I'm David Theis, press secretary for the World Bank. We'll have brief opening remarks from the World Bank president Dr. Jim Yong Kim. And then, we'll turn...
Date: October 6, 2016
Type: Speeches and Transcripts
Language: English
Good morning. Welcome to the 2016 World Bank/IMF Annual Meetings. I first want to say a few words about Haiti, which was devastated by Hurricane Matthew. Our thoughts are with the people of Haiti, many...
Date: October 6, 2016
Type: Speeches and Transcripts
Language: English
YAOUNDE, April 22, 2016 – The World Bank’s Managing Director and Chief Operating Officer, Ms. Sri Mulyani Indrawati, will be in Cameroon on April 25, 2016 to meet with government officials, private sector...
Date: April 22, 2016
Type: Press Release
Language: English
Washington DC, April 20, 2016 – The World Bank Board of Directors today approved a US$ 200 million Program for Results operation to support Morocco’s preparedness to respond to natural disasters. The operation...
Date: April 20, 2016
Type: Press Release
Language: English
European Union contributes Euro 14 million to Multi-Donor Trust Fund to facilitate access by Central American countries and the DR to insurance facility WASHINGTON, April 15, 2016 - The European Commission...
Date: April 15, 2016
Type: Press Release
Language: English
NAIROBI, March 12, 2016- The Government of Kenya today launched the Kenya National Agricultural Insurance Program, which is designed to address the challenges that agricultural producers face when there...
Date: March 12, 2016
Type: Press Release
Language: English
Even before Hurricane Joaquin’s catastrophic flooding of South Carolina in October, the storm had hit ten islands of The Bahamas with brute force. On Crooked Island, 85 percent of the homes were destroyed....
Date: January 7, 2016
Type: Feature Story
Language: English
From insuring against typhoons in the Philippines to protecting against droughts in Malawi, a variety of index-based insurance products offer ways for farmers to mitigate the risks associated with extreme...
Date: April 27, 2015
Type: Feature Story
Language: English
Category 5 Storm Triggers Pacific Catastrophe Risk Insurance Payout WASHINGTON, March 30, 2015 – The World Bank Group today announced that Vanuatu has received a US$1.9 million payout from the Pacific...
Date: March 30, 2015
Type: Press Release
Language: English
Sweeping steppes, white, snow-capped mountains, sparkling frozen rivers—Mongolia’s winters are beautiful. But they can be harsh as well. The temperature regularly dips below minus 40 degrees Celsius (-40°C)....
Date: March 4, 2015
Type: Feature Story
Language: English
BRUSSELS, January 20, 2015—The Global Index Insurance Facility (GIIF), an innovative program managed by the World Bank Group, today launched indexinsuranceforum.org, an online knowledge platform for index-insurance...
Date: January 20, 2015
Type: Press Release
Language: English
Governments of Samoa, Tonga, Vanuatu, Cook Islands, and the Marshall Islands request extension of Successful Regional Catastrophe Risk Insurance Pilot SYDNEY, November 3, 2014 – The beginning of the month...
Date: November 3, 2014
Type: Press Release
Language: English
On June 19, 2014 thirteen people were killed by flooding and landslides as a result of heavy rains and floods in Northeastern and North Central Bulgaria. The national meteorological service estimated that...
Date: July 1, 2014
Type: Feature Story
Language: English
NUKU’ALOFA, Tonga, March 24, 2014 --- Representatives of Cook Islands, Fiji, Samoa, Tonga, and Vanuatu attended a regional workshop last week on 20-21 March in Tonga to discuss the future of Disaster Risk...
Date: March 25, 2014
Type: Press Release
Language: English
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