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Our Staff Writers and Editors offer insights on the latest news, events, interviews and other happenings from the development through enterprise and base of the pyramid universes
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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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