Tag: micro insurance

Risk pooling suggested to cushion impacts of disasters in APEC region

FINANCE stakeholders in the Asia Pacific region agreed in a two-day meeting in Bacolod City to develop a vibrant microinsurance in the region as well as create a regional risk pool mechanism to reduce risk of individual countries when there are calamities. “The meeting today is an offshoot of the finance ministers’ meeting in Tagaytay. In that meeting there was a decision to develop a disaster risk finance in APEC (Asia Pacific Economic Cooperation),” Finance […]