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The World Bank has put up a catastrophe bond which developing countries can tap as insurance and developed countries can invest in.
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                    [AuthorName] =>  Ted P. Torres
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CARIBBEAN CATASTROPHE RISK INSURANCE FACILITY

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World Bank sets up catastrophe bond scheme for natural calamities

By Ted P. Torres | October 28, 2009 - 12:00am

The World Bank has put up a catastrophe bond which developing countries can tap as insurance and developed countries can invest in.

Business