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Tuesday, September 27, 2011 — Sub-Saharan Africa

Swiss Re Policies Help Cholera Victims in Haiti, Poor Farmers in Africa

Source: Insurance Journal

Global reinsurer Swiss Re is introducing business interruption coverage in case of cholera outbreaks for women entrepreneurs in Haiti. Swiss Re, together with Mercy Corps and Fonkoze, the largest microfinance organization in Haiti, are introducing a new cholera insurance program. The coverage ensures rapid payout once a pre-defined set of criteria are met. These include cholera-related hospital admissions and observable weather factors linked to cholera outbreaks. Cholera first appeared...
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