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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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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
Gender in climate and disaster risk finance and insurance in Bangladesh thumbnail
Documents and publications

This analysis attempts to map the current climate and disaster risk finance and insurance (CDRFI) policies and programmes, provide diagnoses of systemic gender gaps, and formulate evidence-informed recommendations in Bangladesh.

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

This publication constitutes a gender analysis of climate and disaster risk finance and insurance in Rwanda.

The Global Shield against Climate Risks
A systematic review of nature-positive climate risk transfer and financing instruments thumbnail
Documents and publications

This study examines nature-positive climate risk transfer and financing instruments that support disaster risk reduction through nature-based solutions, addressing critical gaps in climate and nature finance .

Communications Earth & Environment (Nature)
Forest in California with panoramic aerial wildfire is burning trees smoke fire dry grass
Update

In 2025, secondary perils – among them wildfires, severe convective storms and floods – accounted for a record 92% of total global natural catastrophe insured losses of USD 107 billion.

Swiss Reinsurance Company (Swiss Re)
People sitting during flooding in Liberia
Update

Africa’s rising climate shocks are eroding development gains. The article argues that disaster risk financing — especially ARC’s parametric insurance — helps governments respond faster, protect vulnerable communities and safeguard long‑term growth.

World Economic Forum (WEF)
Case study
Location: Nigeria
This case study explains how a public–private partnership in Nigeria is helping the government better manage flood risks, especially in Lagos.
  • InsuResilience Solutions Fund
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