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Insurance & risk transfer

The process of formally or informally shifting the financial consequences of particular risks from one party to another, whereby a household, community, enterprise or State authority will obtain resources from the other party after a disaster occurs, in exchange for ongoing or compensatory social or financial benefits provided to that other party.

Latest Insurance & risk transfer additions in the Knowledge Base

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Documents and publications

Climate funds and social protection: What is the progress to date?

This paper delves into the evolving landscape of climate finance for social protection.
Update

World Bank Group expands its crisis toolkit to empower countries amid intertwined crises

The World Bank today approved a suite of groundbreaking tools to help developing countries better respond to crises and strengthen preparedness for future shocks.
World Bank, the
A girl lines up for water in Addis Ababa, Ethiopia
Update

Examining the role of anticipatory action in complex crises

Our recently published study explores how an anticipatory action intervention was perceived and experienced among Ethiopians living with drought, alongside other crises including conflict and inflation.
Anticipation Hub
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Documents and publications

2024 – The impacts of WFP’s integrated climate risk management approach on farmers’ resilience to climate change

This study shows how WFP’s R4 Rural Resilience Initiative helps farmers manage climate and disaster risks based on evidence gathered from five countries that implement an Integrated Climate Risk Management approach.
Crop index insurance tool
Documents and publications

Crop index insurance as a tool for climate resilience: lessons from smallholder farmers in Nigeria

This study contributes to filling the gaps on the uptake of index insurance and provide guidance to policymakers in their approach to mitigating the effects of climate change on crop production in Nigeria.
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Documents and publications

Feasibility study - Disaster Risk Finance and Insurance (DRFI) solutions for family farmers in El Salvador, Guatemala, and Honduras

The objective of this feasibility study is to identify disaster risk finance and insurance (DRFI) solutions for up to 1.9 million family farmers in El Salvador, Guatemala, and Honduras.
The uncounted costs of disaster
Feature

Uncounted costs: Data gaps hide the true human impacts of disasters in 2023

Estimates of the cost of disasters paint a partial picture of their true toll, in terms of human lives and economic, developmental and social impacts.
United Nations Office for Disaster Risk Reduction
A Moroccan bricklayer prepares a surface for bricklaying in Tizi N'Tichka, Morocco
Update

Morocco: Mobilizing the financial sector for improved resilience against disasters and climate shocks

The financial protection gap against climate shocks and disasters is widening. Morocco was hit by an earthquake in September 2023, affecting more than 300,000 people in Marrakesh and surrounding areas.
World Bank, the

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