Tag: Industry-backed solutions likely to support Morocco earthquake with USD270m relief despite low insurance penetration

Insurance

Industry-backed solutions likely to support Morocco earthquake with USD270m relief despite low insurance penetration

Kindly leave a comment and share The devastating earthquake that struck Morocco on September 8, 2023 affected an area with low insurance penetration. However, a new commentary from AM Best notes that a parametric insurance arrangement covering part of Morocco’s National Catastrophic Event Coverage Scheme is expected to be triggered […]