Insurance growth to drive infrastructure resilience boom: World Bank CFO

Joaquim Levy, Managing Director & CFO, World Bank Group

Insurance sector efforts to boost coverage in both developed and undeveloped markets has the potential to create more resilient infrastructure and mitigate risks, the World Bank’s chief financial officer has said.

In humanitarian cases insurance can help boost preventative measures and provide rapid post-event capital, said Joaquim Levy, managing director and CFO at the World Bank Group.

Speaking on a panel

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ABI insists fire safety scheme is temporary

Mervyn Skeet, the Association of British Insurers’ director of general insurance, has outlined how the trade body will ensure the Fire Safety Reinsurance Scheme will only last three to five years, and how it will should end criticism of brokers earning commission for arranging cover.

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