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Four leading development risk pools consider joint reinsurance and risk finance platform
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Four leading development risk pools consider joint reinsurance and risk finance platform
The four leading development insurer parametric risk pools — Pacific Catastrophe Risk Insurance Company (PCRIC), African Risk Capacity (ARC), Caribbean Catastrophe Risk Insurance Facility (CCRIF SPC), and Southeast Asia Disaster Risk Insurance Facility (SEADRIF) — have agreed to examine the feasibility of a shared risk finance and reinsurance platform designed to strengthen climate risk protection for their member states. The discussions took pl…
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