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Rising insurance costs a threat to Barbados’ competitiveness

2 min read

Prime Minister Mia Amor Mottley speaking at the Fifth Board Meeting of the Fund for Responding to Loss and Damage at Hilton Barbados. (BGIS)

BRIDGETOWN, Barbados, Apr 13, CMC – Prime Minister Mia Amor Mottley has expressed concern about the rising cost of insurance, insisting that it is a major barrier to climate resilience and threatens the viability of businesses, especially those in the tourism industry.

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