Mozambique secures $35m cyclone parametric reinsurance placement

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Reinsurance News - Mar 22, 2023

The Mozambique government has secured USD 35 million of parametric cyclone insurance via the National Institute of Disaster Management (INGD), supported by Africa Specialty Risks, The World Bank, and PULA. The inaugural, Mozambique cyclone parametric reinsurance program is designed to provide the co...

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