News Non-Life02 Apr 2024

Nepal:UNDP highlights development of inclusive insurance

| 02 Apr 2024

An earthquake model and sovereign risk transfer instrument are under development in Nepal and will be rolled out in 2024. Flood models are also being worked on, according to the UNDP which leads the Insurance and Risk Finance Facility (IRFF), a global initiative working with governments and the insurance industry, to put financial resilience at the heart of sustainable development.

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