Danish Red Cross launches volcano catastrophe bond
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.……
Natural Disaster Investment
Leave a comment in Nestia App