Mumbai will host "Disaster Risk Financing, Insurance and Risk Transfer" Workshop

National Institute of Disaster Management (NIDM) will organize the "National Workshop on Disaster Risk Financing, Insurance and Risk Transfer" in partnership with Insurance Institute of India. The workshop will be held in Mumbai, Maharashtra.

The National Workshop on Disaster Risk Financing, Insurance and Risk Transfer will concentrate on the significance of financial resilience in areas frequently struck by natural disasters. It will also stress on the government's agenda "Work towards risk coverage for all-starting from poor households to SMEs to multi-national corporations to nation states " and " Investing in Disaster Risk Reduction (DRR) for Resilience ". The workshop will also deliberate on the issues in assessment of insurance faced by different stakeholders.

The delegates from Asian Development Bank, World Bank, United Nations Development Programme along with other multilateral organizations will participate in the workshop.

Source: Adda247