Natural Catastrophe and Environmental Risks Coverage

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Ms. Fatou Assah (left), Program Manager of the WBG's Global Index Insurance Facility (GIIF), and Mr. Antoine Bavadi (middle), Financial Sector Specialist from the Disaster Risk Financing and Insurance (DRFI) Program, spoke at the 41st General Assembly of FANAF (African Federation of Insurance Companies for African national law) on February 14. 2017 in Marrakech. Both World Bank experts were sharing their international experiences with index insurance and catastrophic risk financing as risk management tools to protect communities from natural disasters and environmental hazards. The panel, entitled "Natural Catastrophe and Environmental Risks Coverage" was also joined by Mr. Bachir Baddou, Chief Executive of the Moroccan Federation of Insurance and Reinsurance Companies (FMSAR), and Mr. Mohamed Beavogui, General Manager of the African Risk Capacity.
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