TYPHOON Carina (international name: Gaemi) did not make landfall in the Philippines but intensified the southwest monsoon, drenching our country with rainfall that has, according to reports, surpassed that of Ondoy. Luzon, the National Capital Region and neighboring regions suffered the brunt and strength of the deluge.
TYPHOON Carina did not make landfall in the Philippines but intensified the southwest monsoon, drenching our country with rainfall that has, according to reports, surpassed that of Ondoy. Luzon, the National Capital Region and neighboring regions suffered the brunt and strength of the deluge. Scenes on TV and social media and the appeals of people to be rescued were reminiscent of Ondoy that rampaged through our nation 15 years ago.
There are likewise as many solutions to each of these reasons, but they currently remain on paper as well-meaning plans.One of the solutions put forth, a brainchild of the entire industry and supported then as now by the Insurance Commission, is the Philippine Catastrophe Insurance Facility, or PCIF.
Importance Of Natcat Coverage And PCIF And In The Philippines
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