Philippines mulls disaster risk insurance for local governments

By Imelda V. Abano | Wed, 22 Jan 2014 15:05 PM
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MANILA (Thomson Reuters Foundation) – In response to the destruction caused by Super Typhoon Haiyan in November and many other natural hazards in the past few years, Philippine government officials and the U.N. Office for Disaster Risk Reduction (UNISDR) are looking into an insurance scheme targeted at local governments as a way to improve the Asian nation’s resilience to disasters.

On Tuesday, ...

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