– In 2022 and 2023, insurance companies paid a total of nine million US dollars to the Mozambican government, to compensate for damage caused by natural disasters
By Aurélio Muianga
Maputo (MOZTIMES) – The World Bank has paid an annual sovereign insurance premium, which will allow the Mozambican government to receive millions of dollars in compensation to recover from damage caused by extreme climatic events, in the rainy and cyclone season that begins in October.
Xavier Chavane, of the Disaster Risk Management sector in the World Bank office in Mozambique, confirmed that this international financial institution has already paid the total sum of the annual sovereign insurance premium, which is four million US dollars.
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