Danish Red Cross launches volcano catastrophe bond

Danish Red Cross launches volcano catastrophe bond

the Sun Daily - World·2021-03-22 15:03

LONDON: The Danish Red Cross has launched a catastrophe bond for volcano-related disasters with the support of several financial firms, the groups said on Monday, adding it was the first of its kind.

The $3 million bond will enable the disaster relief agency to get aid quickly to those suffering following the eruption of 10 named volcanoes, in Cameroon, Chile, Colombia, Ecuador, Guatemala, Indonesia and Mexico.

……

Read full article on the Sun Daily - World

Natural Disaster Investment

Comments

Leave a comment in Nestia App