Laos
SEADRIF delivers $2m payout to Lao PDR for disaster relief
SEADRIF delivers $2m payout to Lao PDR for disaster relief
The policy triggers payouts based on the number of people impacted by disasters.
Lao PDR signs impact-based insurance policy with SEADRIF
The agreement continues Lao PDR’s push for innovative disaster risk financing.
SEADRIF allocates $750k for Lao flood relief
The payout was initiated on 20 September, just five days after severe flooding.
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28 March left over 5,300 dead yet coverage was negligible in Myanmar due to under 5% uptake.
