Insurance providers in developing regions rarely offer the hazard insurance familiar to industrialized countries. Developing countries are particularly exposed to weather and catastrophic (CAT) risks such...
A well-developed efficient insurance sector plays an important role in any economy. This role is supported by effective regulation and supervision with the aim of having a sound insurance sector that is...
The CelsiusPro (CP) and Risk Frontiers’ (RF) joint project team combines a strong understanding of catastrophe risk and designing financial products. The project team is supporting the World Bank and the...
The insurance industry in Albania is relatively new. Prior to 1991, there were no insurance companies operating in the country. The insurance industry has been undergoing critical changes during the last...
Section one of the paper provides a broad overview of the nature and objectives of the projects. Section two contains an objective view of the impact of FIRST funded projects on the growth in insurance...
The insurance industry in Philippines is small but growing. Insurance penetration remains below that observed in many countries in the region and very low compared to countries with similar per capita...