New proposed CAT insurance for the Philippines
Source: Asia Insurance Review | Mar 2014
The United Nations Office for Disaster Risk Reduction (UNISDR) has teamed up with the global insurance industry to propose a major new approach to catastrophe risk financing for the Philippines in advance of this year's typhoon season as the country continues to deal with the economic fall-out of US$13 billion in losses from Typhoon Haiyan/Yolanda.
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