Belize first to receive payout by MAR Fund after Hurricane Lisa triggers parametric policy: WTW

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Reinsurance News - Nov 11, 2022

The country of Belize is set to receive a payout of $175,000 after Category 1 Hurricane Lisa triggered its parametric policy under the Mesoamerican Reef (MAR) Insurance Programme, reports insurance and reinsurance broker WTW. Launched in June of last year via a partnership between WTW and the Mesoam...

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