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Committee to address Uninsured Drivers & Vehicles holds first meeting

Committee to address Uninsured Drivers & Vehicles holds first meeting
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IMF laments low insurance penetration in hurricane-prone Caribbean

Deputy Managing Director of the International Monetary Fund (IMF) Bo Li, last week raised concerns about generally low insurance penetration in Caribbean nations that are among the highest at risk for climate disasters; while one industry expert urged the government to partner with the industry to address the longstanding issue. “The financial system’s role in ....

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