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

photo by Flikr user James Zweir, creative commons noncommercial 2.0 generic
Human suffering and economic losses from vulnerability to natural hazards are high. Munich Re estimated that the year 2005 was the most expensive year on record...
India PRwire

Natural disasters may cause large economic impacts and impede socioeconomic development in developing countries considerably. Increasingly, risk management, the management of disasters before the actual occurrence of events, is being advocated.

Risk

photo by Benny Hidayat
Tim Radford, member of the former UK committee for the international decade of natural disaster reduction comments on the global impact of environmental catastrophe...
Guardian, the (UK)

This technical background paper reviews and analyses existing and projected investment flows and financing relevant to the development of an effective and appropriate international response to climate change, with particular focus on the needs of

Key global players in micro-insurance gathered in Mumbai under the auspices of Munich Re past week to discuss ways of taking micro insurance from knowledge to action, it is timely to discuss promotion of risk transfer for low income communities vulnerable

A fully illustrated book Real Risk offers perspectives, case studies and analysis on disaster risk reduction and mitigation in the light of major natural disasters that have occurred since the publication of Know Risk in early 2005. It brings together the

This book provides guidance, policy orientation and inspiration, as well as serving as a reference for lessons on how to reduce risk and vulnerability to hazards and to meet the challenges of tomorrow. It is intended for people who have an interest in and

Why do schools collapse even during moderate earthquakes? Experts agree that many collapse due to avoidable errors in design and construction. Often, the needed technology is not applied and laws and regulations are not sufficiently enforced. Application

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