my presentation was focused on financial sector development and inclusion in the Caribbean – more specifically, on the six countries of the IDB Caribbean country department Bahamas, Barbados, Guyana, Jamaica, Suriname and Trinidad and Tobago. It
is quite a mixed group of high- and middle-income countries, two of which have off-shore financial systems and some of which have natural resource-based economies. However, there are several common themes: One is the need of an efficient financial system
to provide risk mitigation instruments due to natural disasters. More than in other regions of the world and increasingly so in times of climate change, this function of the financial system is critical and might also explain why in many countries of
this region the insurance sectors are relatively well developed.