The World Health Organization says the coronavirus isn’t yet a global pandemic. Bonds that insure against just such a catastrophe...
World Bank News
The Philippines, among the world’s most disaster-prone nations, sold its maiden foreign-currency catastrophe-linked bonds to help cover costs of major...
Global natural disasters cost $520 billion of consumption loss annually, 60 percent larger than asset losses that are commonly reported,...
The World Bank today announced that Tonga will be the first country to benefit from a payout under the Pacific...
An arm of the World Bank next week will unveil a $1.96 million project that aims to help thousands of...