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Insurance and 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. Risk insurance is a key disaster risk management activity.

This theme covers aspects of disaster risk financing, catastrophe bonds, financial resilience, and micro-insurance.

Latest Insurance & risk transfer additions in the Knowledge Base

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Mapping potential funding sources for ecosystem-based adaptation insurance premiums thumbnail
Documents and publications

This study presents an exploratory, legitimate, and fiscal analysis of potential public financing pathways that can enable LGUs to pay premiums for parametric insurance schemes aimed at protecting and restoring mangrove and marine ecosystems.

Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ)
Scaling up investment for a resilient power sector: the role of robust disaster-risk financing thumbnail
Documents and publications

This Live Wire delves into the insurance prong of the 5 I’s strategy in the context of power system resilience.

World Bank, the
Update

In a period of unprecedented risk complexity, the insurance industry can help transform systemic uncertainty into a foundation for sustainable growth.

World Economic Forum (WEF)
Disaster risk financing term sheet: Debt pause clauses thumbnail
Documents and publications

This Term Sheet covers the key terms and conditions of debt pause clauses available from six Multilateral Development Banks and three bilateral creditors.

Centre for Disaster Protection
View over the banana market in Uganda, men are carrying bananas on their bicycle.
Update

Financial institutions can integrate physical climate risk into credit & investment decisions, deploy capital through mainstream debt & equity products, and design innovative instruments such as contingent finance & resilience bonds to grow their business

World Bank, the
Análisis de genero e inclusión social en la protección financiera y mecanismos de aseguramiento frente al riesgo climático y de desastres en el Perú thumbnail
Documents and publications

La evidencia internacional muestra que los impactos del cambio climático y los desastres no son neutrales al género.

The Global Shield against Climate Risks
Gender analysis of climate and disaster risk finance and insurance in The Gambia thumbnail
Documents and publications

This report analyses the extent to which gender considerations are currently integrated into Climate and Disaster Risk Finance and Insurance (CDRFI) in The Gambia, identifying key challenges and gaps.

The Global Shield against Climate Risks
Gender analysis of climate and disaster risk finance and insurance in the Philippines thumbnail
Documents and publications

This analysis examines how gender is mainstreamed across key Climate and Disaster Risk Finance and Insurance (CDRFI) related policies and programmes in the Philippines.

The Global Shield against Climate Risks
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