Reinsurance News
IFRC
2024 disaster relief demand triggers first IFRC-DREF insurance payout
26th September 2024
Demand for disaster relief has surpassed the ‘deductible’ threshold, triggering, for the first time, an insurance payout by the International Federation of Red Cross and Red Crescent Societies’ Disaster Response Emergency Fund (IFRC-DREF). The IFRC-DREF is a crucial source of rapid funding for National Red Cross and Red Crescent Societies during ... Read the full article
IFRC launches new campaign to address the rapid climate driven humanitarian crises
5th December 2023
The International Federation of Red Cross and Red Crescent Societies (IFRC) has unveiled a new campaign to address rapidly escalating climate driven humanitarian crises. According to the announcement, the campaign calls on global governments and international donors to support local emergency responders and disaster hit communities, helping them to "Stand Tall" ... Read the full article
Aon & IFRC DREF Insurance a vital mechanism for enhancing risk transfer: IFRC
26th October 2023
The Disaster Response Emergency Fund (DREF) Insurance mechanism, pioneered by International Federation of Red Cross and Red Crescent Societies (IFRC) in partnership with Aon, is a vital new approach for enhancing preparedness and risk transfer, IFRC Under Secretary General, Nena Stoiljkovic, highlighted. A recent London Summit brought together leaders and decision-makers ... Read the full article
Ogier advises IFRC on launch of its new risk transfer mechanism
14th September 2023
Ogier's Banking and Finance team in Guernsey has advised the International Federation of Red Cross and Red Crescent Societies (IFRC) on the launch of its new risk transfer mechanism, which will "transform the organisation's approach to disaster response." Ogier provides legal advice on BVI, Cayman, Guernsey, Irish, Jersey and Luxembourg ... Read the full article
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