Caribbean disaster insurance scheme inspires South Pacific countries
Source(s):
Thomson Reuters Foundation, trust.org
"Quite a lot of progress has already been made in developing a similar model to that of the CCRIF in the South Pacific," said Simon Young, head of the Caribbean Risk Managers Ltd, the company that acts as a facility supervisor to the CCRIF.
"Discussions are close to finalising the risk modelling work for the South Pacific, including countries such as Fiji, the Solomon Islands and Samoa. Madagascar, the Maldives, and Mauritius are also interested."