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Insurance & Risk Transfer

Financial mechanisms formulated to reduce vulnerability to disasters by employing structured instruments such as insurance policies and catastrophe bonds which spread risks in exchange for a premium.

Disaster resilience represents an opportunity, says Allianz Re CEO

30 Mar 2015, Intelligent Insurer

Re/insurers are duty bound to help mitigate disaster risks, but this does not mean that the industry cannot benefit at the same time, says Amer Ahmed, CEO of Allianz Re. 'Managing risks is our primary role in society. Partnering with government bodies to reduce risk exposure would help create more diversification in our industry, which is ultimately better from a cost of risk point of view,' he explained...

Extracts of progress reports by progress indicator on the implementation of the Hyogo Framework for Action
  • Indicator 4.1 [PDF, 104Kb]Disaster risk reduction is an integral objective of environment related policies and plans, including for land use natural resource management and adaptation to climate change
  • Indicator 4.2 [PDF, 102Kb]Social development policies and plans are being implemented to reduce the vulnerability of populations most at risk
  • Indicator 5.3 [PDF, 86Kb]Financial reserves and contingency mechanisms are in place to support effective response and recovery when required.

Find or contribute curricular, extra-curricular and public awareness materials on disaster prevention and school safety for primary, secondary, vocational, community-based education and public awareness.