World Bank Group creates first insurance market for pandemic risk


World Bank Group has launched the Pandemic Emergency Financing Facility (PEF), a fast-disbursing global financing mechanism designed to protect the world against deadly pandemics, which will create the first-ever insurance market for pandemic risk.

World Bank Group, Insurance, Reinsurance, Pandemic Emergency Financing Facility, Pandemic risk, Jim Yong Kim, Taro Aso, Margaret Chan, Asia-Pacific, Global

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