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International

Philippines collaborates with Asean countries to improve cat reinsurance programs

October 20, 2017 Reprints

The Philippines has teamed up with other Association of Southeast Asian Nations' members to improve catastrophic reinsurance programs, Manila Bulletin reported. Carlos G. Dominguez III, Philippines' finance secretary, said that the country is working on improving building standards to ensure that structures are climate-resilient. Mr. Dominguez said the country is also working on building new irrigation systems, particularly in the northern and southern parts, to mitigate the impact of erratic climate patterns.

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Philippines collaborates with Asean countries to improve cat reinsurance programs

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