THE Department of Finance has made available a P1-billion insurance fund that would enable 25 disaster-prone provinces to act faster and better respond to the devastating impact of natural calamities, a spokesman said.

In a statement on Monday, Finance Assistant Secretary Paola Alvarez said the fund was under the government’s Parametric Insurance Pilot project.

Premium + Digital Edition

Ad-free access


P 80 per month
(billed annually at P 960)
  • Unlimited ad-free access to website articles
  • Limited offer: Subscribe today and get digital edition access for free (accessible with up to 3 devices)

TRY FREE FOR 14 DAYS
See details
See details