tak

On February 29, "An introduction to Takaful and lessons from the experience of the DRIVE project" virtual webinar welcomed 22 participants to learn about Islamic Insurance.

indo

Indonesia frequently faces natural disasters such as earthquakes, tsunamis, and volcanic eruptions, to the extent that it is often referred to as the “supermarket of disasters”.

ff24

The financial losses caused by climate crises and disasters are on the rise, creating significant fiscal risk and budget volatility.

Gtown

The pilot Executive Education Program on Disaster Risk Financing and Training of Trainers tailored for World Bank Group (WBG) staff was delivered from February 5 to 8, 2024 by the WBG’s Crisis and Disaster Risk Finance team in collaboration with the Global Shield Financ

Workshop

                                           Takaful training participants in Somalia

 

crisis

February 1, 2024 —The World Bank today approved a suite of groundbreaking tools to help developing countries better respond to crises and strengthen preparedness for future shocks.

cop28

The event “Adapting to Climate Change in Fragile and Conflict Settings: Opportunities for Scaling Action,” held at the World Bank Pavilion during COP28 in the United Arab Emirates on December 3, brought together key figures to address the urgent challenges faced by fragile and co

Bandung

Ahead of the Executive Education Program on Disaster Risk Finance (DRF) for Indonesia, jointly designed and conducted by Institut Teknologi Bandung (ITB) and the World Bank Group, to be held in March 2024, a pilot delivery was held at ITB, Indonesia, on November 23 and 24, 2023.

Photo: Scott Wallace / World Bank

Washington — The World Bank today approved $102 million to help Bangladesh improve riverbank protection and navigability in the Jamuna River, saving people from being displaced, protecting their livelihoods, and spurring economic activities.

SEADRIF Insurance Company makes 2 payouts for a total of US$1.5 Million to support flood response in Lao PDR within 1 business day

Singapore – On Monday 14 August 2023 the SEADRIF Insurance Company made two payouts totaling US$1.5 Million directly to the Government of the Lao PDR to provide rapid support to the country.