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This paper explains the excess rainfall parametric insurance product of the Caribbean Catastrophe Risk Insurance Facility (CCRIF) and Swiss Re Excess Rainfall (XSR), which helps to mitigate the short-term cash flow problems small developing economies suffer after major natural disasters. The product is aimed primarily at extreme high rainfall events of…
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Technical paper series no 1: This paper explains the parametric insurance system of the Caribbean Catastrophe Risk Insurance Facility (CCRIF) in the event of a hurricane or an earthquake. The paper explains the differences between parametric insurance systems and indemnity-based systems, how payments are calculated, and the CCRIB catastrophe model.…
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This report provides a reassessment of natural hazards in the United States and discusses the progress and challenges in reducing losses from natural disasters. It presents public private partnership 2000 forums, including disaster risk management activities related to insurance sector, urban risks, California earthquake loss reduction plan, disaster re…
WWF global climate policy position paper: This document reflects WWF’s policy recommendations for adaptation measures in a post-2012 UN climate regime. It highlights: (i) the importance of an ambitious, well-governed, proactive and fully-funded adaptation package; (ii) the five priority elements of a UNFCCC adaptation package; (iii) the key principles…
The overall goal of ProVention is to reduce the risk and social, economic and environmental impacts of natural hazards on vulnerable populations in developing countries in order to alleviate poverty and contribute to sustainable development, in line with the goals and priorities of the Hyogo Framework for Action. To achieve this goal, all ProVention pr…
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 practice disaster risk management and sustainable development. Natural hazards can affect anyone,…
After almost three decades of steady economic growth, Australia has been hit by a sudden series of exogenous shocks that tested our national resilience. The 2019-20 Black Summer bushfires, COVID-19 pandemic and forecast recession each present wicked policy challenges. They are riddled with complexity and conflicting aims and no clear stopping point. T…
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This paper reviews findings from a research project examining the role insurance cover (or the lack thereof) plays in disaster recovery. It considers the implications of insurance within a shared-responsibility model for emergency management and disaster mitigation policy and practice. A key finding shows how insufficient understanding of Bushfire Attac…
An official document formally adopted by UN Member States as the outcome of the Third International Conference on Small Island Developing States, in which countries recognize the need to support and invest in these nations so they can achieve sustainable development. The paragraphs 51 and 52 recognize the importance of disaster risk reduction and affir…
This Rapid Assessment for Resilient Recovery and Reconstruction Planning report is the result of an exercise initiated by the Royal Thai Government to assess the economic and social impact of the 2011 floods and prepare recovery and reconstruction plans. Twenty-six of the country’s 66 affected provinces were included in the assessment, which…
Asian Disaster Management News, Volume 22 (2015): This edition of Asian Disaster Management News focuses on disaster recovery: the governance, economics, and social impacts. It includes features on i) recovery planning, ii) the needs of survivors in post-disaster needs assessments, iii) defining the post-disaster financial requirements for recovery, iv…
Southasiadisasters.net, issue no. 83, March 2012: This issue presents articles covering different aspects of microinsurance within the disaster risk reduction (DRR) context. The articles, contributed by experts and practitioners from DRR and insurance field, include: (i) joint efforts for mitigating economic loss; (ii) financing risk reduction and rec…
To understand what elements of a microinsurance initiative may lead to an increased likelihood of its success as a disaster recovery support mechanism, the report examines characteristics of multiple microinsurance case studies to test whether common trends could be identified. A review of 40 worldwide microinsurance initiatives from the last…
Publication
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This report presents the rationale for and design of a city government disaster insurance pool in the Philippines. Insurance pools help governments enhance their financial preparedness for disasters, focusing on the provision of rapid post-disaster financing for early recovery. The Philippine City Disaster Insurance Pool was developed under the guidanc…
The purpose of this report is to understand the viability of overland flood insurance in Canada by considering the risks and opportunities for the property and casualty insurance industry. It addresses the gap in research on the topic utilizing structured interviews with senior executives of Canada’s largest insurance companies regarding their perspecti…

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