Vanuatu will receive a $1.9mn payout from the parametric group insurance scheme the Pacific Catastrophe Risk Insurance Pilot.
The South Pacific island nation was hit by Tropical Cyclone Pam on 13 March.
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Vanuatu will receive a $1.9mn payout from the parametric group insurance scheme the Pacific Catastrophe Risk Insurance Pilot.
The South Pacific island nation was hit by Tropical Cyclone Pam on 13 March.