Caribbean Relief Program Kicked Off By World Bank
Posted on February 27, 2007
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The World Bank’s new Caribbean Catastrophe Risk Insurance Facility (CCRIF), has gotten off to an amazing start following an announcement in Washington, D. C. on Monday, February 26. Demonstrating support for the world’s first ever multi-country catastrophe insurance pool, donors have pledged US$47 million to the reserve fund of the CCRIF, which will provide participating governments from the region with immediate access liquidity if hit by a hurricane or earthquake. Read More
Reproduced by permission from CaribJournal.com
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