SEADRIF and FAO launch drought parametric insurance pilot in Lao PDR
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SEADRIF and FAO launch first parametric drought insurance pilot in Lao PDR - Artemis.bm
This content is copyright to www.artemis.bm and should not appear anywhere else, or an infringement has occurred. The SEADRIF Insurance Company and the Food and Agriculture Organization of the United Nations (FAO) have launched an anticipatory drought insurance pilot in Lao People’s Democratic Republic (Lao PDR), the first time a Southeast Asian government has secured parametric insurance specifically designed to deploy pre-arranged finance ahea…
SEADRIF and FAO launch drought parametric insurance pilot in Lao PDR
The SEADRIF Insurance Company and the Food and Agriculture Organization of the United Nations (FAO) have launched an anticipatory drought insurance pilot in Lao People’s Democratic Republic (Lao PDR). The initiative marks the first time a Southeast Asian government has secured a parametric insurance framework specifically designed to deploy pre-arranged finance ahead of drought impacts. It provides the Ministry of Finance of Lao PDR with access …
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