Insurance and risk transfer

The true cost of disasters is significantly underestimated worldwide, as losses to health, livelihoods, ecosystems, and long-term development remain largely unmeasured.

Between January 7 and 31, 2025, fourteen or more destructive fires affected Los Angeles, Orange, Riverside, San Bernardino, San Diego, and Ventura Counties.

Tariffs, extreme weather events and the president’s funding cuts are contributing to increasing rates, sometimes by double digits.

Every year, extreme weather events wreak havoc across Canada, Lower-income and marginalized populations face greater exposure, have fewer resources to prepare or recover and incur a higher proportion of losses not covered by insurance.

Over the past decade, the Government of Jamaica has worked closely with the World Bank to build fiscal buffers and invest in financial instruments designed to respond to disasters of varying frequency and impact.

As climate change drives more damaging floods across the United States, a new paper provides crucial insights into how federal flood insurance reforms are directly affecting the affordability and security of coverage for families.

A new wave of innovative insurance models — from parametric policies to sustainability-linked coverage and resilience bonds — offer boards proactive tools to future-proof assets, stabilize operations and unlock long-term value creation.

A new report from examines the latest research, lessons learned, and expert views to identify five approaches and innovative strategies for wildfire insurance coverage in high-risk areas.