Report proposes an Ibero-American strategy on insurance and financial resilience against natural disasters
The Ibero-American Business Foundation presented to SEGIB the report "Towards an Ibero-American Strategy for Responding to Natural Disasters", promoted together with Mapfre and CAF, for analysis at the XXX Ibero-American Summit in Madrid on November 4 and 5, 2026. The document says that over the past 50 years four out of ten people in Latin America and the Caribbean were affected by extreme events, with nearly 100,000 deaths and losses exceeding 360 billion dollars, and it proposes insurance, public-private schemes and catastrophe bonds.
In 45 seconds
- The report is promoted by FIE, Mapfre and CAF-Development Bank of Latin America and the Caribbean, and was prepared by Manuel Balmaseda, Ángel Melguizo and Víctor Muñoz.
- Over 50 years, four out of ten people in the region were affected by disasters, with nearly 100,000 deaths and losses of more than 360 billion dollars.
- The region's insurance protection gap stands at 81%, according to the document.
Read the full story at Diario del Sur
IASummary generated by artificial intelligence from a story by Diario del Sur. It may contain errors: the original source prevails.
Comments
Be respectful. Comments reported by several people are hidden until a moderator reviews them.
You do not need an account to read, only to comment. Sign in with a code sent to your email or with your Google account. We only show the name you choose, never your email.