The Experience of Mexico’s Fonden in Catastrophe Bonds, Lessons for Asia
Asian countries threatened by natural hazards can learn from Mexico’s experience with its disaster fund and risk management strategy, including multi-catastrophe bonds.
Salvador Perez
Deputy General Director of Risk Management, Mexican Ministry of Finance
Mr. Perez’s responsibilities include designing the Mexican government’s catastrophic risks management strategy, providing advice to local governments on structuring natural disaster insurance coverage, and overseeing the FONDEN national disaster fund for coverage from hurricanes and earthquakes.
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