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Displaying 15 of about 32 resultsThis note intends to shift the discussion on pandemic and epidemic risk finance to a practical approach about the benefits of applying a disaster risk finance (DRF) lens to new financial mechanisms as they are developed and deployed. It outlines key trends of financial flows toward outbreak response and identifies relevant emerging initiatives and oppor…
JOHANNESBURG – The African Risk Capacity (ARC), an agency of the African Union, is developing an insurance product to facilitate rapid, first-line financial responses to disease outbreaks. In the pilot phase, Ebola, Marburg, meningitis, and Lassa Fever will be covered. Over 30 countries across Africa are at risk of an outbreak of one or more of these fo…
By Catriona May, University of Melbourne
Extreme is the new normal when it comes to weather, with devastation caused by floods, fires and cyclones filling our news feeds all too frequently.
Thanks to the relatively recent development of ‘event attribution’ in climate science, researchers can now confidently attribute the increase in extreme weather ev…
By Megan Rowling
Barcelona - Deaths, economic damage and other negative impacts from disasters have caused losses equivalent to 42 million life years annually since 1980, a measure that is comparable to the burden of tuberculosis worldwide, the United Nations said.
More than 90 percent of the total "years" lost in disasters between 1980 and 2012 were…
Context
Although COVID-19 affects people across the world, the informal sector – low-income households often dependent on informal livelihoods and the informal micro and small enterprises – are disproportionately susceptible to its risks and adverse impacts. The difference in socio-economic factors, such as the lacking social protection and financial a…
How do you resume business after a disruptive event?
Business disruptions affects your organization’s daily performance, and more largely your operating costs and overall profit. Hence a good business continuity plan is highly valuable to a company as it keeps a company running in rough times. So, the question is, how to arrive at the right kind of con…
This user-friendly handbook provides an overview of several 'natural' disasters that occurred in the world in 2005, and contains good practices submitted by ADRC member countries to share knowledge among relevant stakeholders in order to contribute to global disaster risk reduction, in regard to the progression on the implementation of the Hyogo Framewo…
Ministère de l'Ecologie, du Développement Durable, de Transports et du Logement - communiqué de presse
Nathalie Kosciusko-Morizet, ministre de l’Écologie, du Développement durable, des Transports et du Logement, a présenté aujourd’hui, en présence de Jean JOUZEL, Vice-Président du Groupe d’Experts Intergouvernemental sur l’Evolution du Climat (GIEC), l…
This Allianz Global Corporate & Specialty (AGCS) report examines how natural catastrophe, pandemic outbreak, terrorism and cyber risk could potentially affect megacities in future and provides insight into the different ways in which the insurance industry will be impacted.
This paper demonstrates that (p. 16):
in the context of today’s and…
2009 Sasakawa award call for nominations now open
Nominations are now open for the 2009 Sasakawa Award for Disaster Reduction. Nominees should be individuals and institutions from around the world who have contributed to building the resilience of nations and communities to natural hazards through innovative practices and outstanding initiatives. Nomin…
KOBE – The Private Sector Alliance for Disaster Resilient Societies (ARISE) is a network of private sector entities working in partnership with the United Nations Office for Disaster Risk Reduction (UNDRR) to substantially reduce disaster mortality based on risk-informed investments and resilient capital assets. Thus, all ARISE member companies as…
If asked to describe the onset of COVID-19 in their countries, government officials around the world might answer that the pandemic hit “like a hurricane.” This sense of onslaught is certainly true for Saint Lucia, which has similarly been battling COVID-19 and dealing with the associated economic fallout, while also facing the yearly hurricane seas…
African experts and government officials came together for the launch of African Risk Capacity’s (ARC) Outbreak & Epidemic (O&E) insurance on September 13-15 in Accra, Ghana. This product represents a significant improvement in the continent’s ability to protect against and respond to disease outbreaks and epidemics.
Representatives from across…
Munich Re combines its in-depth knowledge of risk with innovative technologies and insurance solutions to shape the transformation of the insurance industry. The current natural catastrophes in the USA and India demonstrate all too painfully the significant gap in cover for natural hazard losses.
While the demands placed on insurers are changing rapid…
Studying infectious diseases is vitally important if insurers and reinsurers are to avoid getting caught out by the next outbreak of something like the Zika virus, the mosquito-borne virus linked to birth defects, according to epidemic risk modelling company Metabiota.
The company has been working with re/insurers to help them better understand the ris…