With World Bank support, Morocco has made significant strides since 2008 in strengthening its disaster and climate resilience. This has included gradual transition from a post-disaster approach focused on emergency response to ex-ante resilience building
Best s Commentary: Industry-Backed Solutions Likely To Support Morocco Earthquake Relief Despite Low Insurance Penetration menafn.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from menafn.com Daily Mail and Mail on Sunday newspapers.
LONDON, September 15, 2023 The devastating earthquake that struck Morocco on 8 September 2023 affected an area with low insurance penetration. However, a new commentary from AM Best notes that a parametric insurance arrangement covering part of Morocco’s National Catastrophic Event Coverage Scheme is expected to be triggered and could result in a maximum payout of MAD 2,750 million (approximately USD 270 million).
AM Best: Best s Commentary: Industry-Backed Solutions Likely to Support Morocco Earthquake Relief Despite Low Insurance Penetration finanznachrichten.de - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from finanznachrichten.de Daily Mail and Mail on Sunday newspapers.
The devastating earthquake that struck Morocco on 8 September 2023 affected an area with low insurance penetration. However, a new commentary from AM Best notes that a parametric insurance arrangement covering part of