Tag: World Bank & Africa Re to cap weather index-insurance loss ratios

Insurance

World Bank & Africa Re to cap weather index-insurance loss ratios

By ARTEMIS The World Bank’s Global Index Insurance Facility (GIIF) and African Reinsurance Corporation (Africa Re) have teamed up to provide a facility that will help to cap insurers loss ratios on weather index-insurance schemes in Africa. Index-insurance, or index based insurance, typically involves protecting policyholders from weather and climate […]