Parametric payout to support Morocco quake rebuild: AM Best   – Insurance News

The financial impact from the Morocco quake is expected to be “manageable” and is likely to trigger a maximum payout of $US270 million ($342 million) from a parametric cover that has been in place since 2020, AM Best says in a report.  In January 2020 Morocco enhanced its disaster risk management through the National Catastrophic … Read more