The Catastrophe Risk Deferred Drawdown Option is a type of contingent loan and forms part of the World Bank Disaster Risk Financing and Insurance products and services, providing immediate liquidity following a natural disaster, in the form of a contingent loan with associated risk framework reforms
The Catastrophe Risk Deferred Drawdown Option is a type of contingent loan and forms part of the World Bank Disaster Risk Financing and Insurance products and services, providing immediate liquidity following a natural disaster, in the form of a contingent loan with associated risk framework reforms