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

New horizons in environmental economics series:

This book addresses the differential vulnerability of people and places, introducing concepts and methods for analysis and illustrating the impact on local, regional, national, and global scales.

The

A study of catastrophe risk financing options:

This study comprises a review of government post-disaster safety nets as well as those provided by the private insurance market in the five countries of Central Asia, namely Kazakhstan, Kyrgyzstan

Photo by Flickr user, El Enigma, Creative Commons Attribution-Noncommercial 2.0 Generic
The World Bank and the Italian Civil Protection Department have signed a Memorandum of Understanding to join efforts towards advancing the agenda of disaster risk reduction, sustainable recovery, and reconstruction in disaster-prone developing countries...
World Bank, the
The National Disaster Mitigation Agency has proposed an insurance scheme for damaged assets in anticipation of 'natural' disasters. 'If we can solve huge spending problems for disasters through an insurance scheme, we will try it,' said Syamsul Maarif, Chairman...
Jakarta Post, the

This book gives a comprehensive overview of the state of research on the complex issues surrounding ´climate change and drylands`. It reveals systematically the various interrelations and feedback mechanisms, with detailed information about the

This case-bound book draws upon experiences around the world reflecting how people are using climate information to improve their lives, through climate change adaptation and disaster risk reduction strategies. In this book, over 100 authors are relating

Photo of Kilcunda ocean beach, South Gippsland, Victoria, Australia by Flickr user Fotograf1v2 Creative Commons Attribution-Noncommercial-No Derivative Works 2.0 Generic
'Climate change has added a new urgency to improving management of our coastal zone, underlining the message of the Committee’s inquiry that ‘the time to act is now'' says Australian MP Jennie George, Chair of the Standing Committee on Climate Change...
Australia - government
The World Bank has announced the launch of the MultiCat Program, a catastrophe bond issuance platform that gives governments and other public entities access to international capital markets to insure themselves against the risk of 'natural' disasters...
World Bank, the

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