Japan commits first $50 million towards facility, which will combine funding from reinsurance markets with proceeds of 'catastrophe' bond The World Bank on Saturday said it was launching a $500 million, fast-disbursing insurance fund to combat deadly pandemics in poor countries, creating the world's first insurance market for pandemic risk. Japan has committed the first $50 million towards the facility, which will combine funding from reinsurance markets with the proceeds of a new type of World ...
Japan commits first $50 million towards facility, which will combine funding from reinsurance markets with proceeds of 'catastrophe' bond The World Bank on Saturday said it was launching a $500 million, fast-disbursing insurance fund to combat deadly pandemics in poor countries, creating the world's first insurance market for pandemic risk. Japan has committed the first $50 million towards the facility, which will combine funding from reinsurance markets with the proceeds of a new type of World ...
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