Please note: In order to keep Hive up to date and provide users with the best features, we are no longer able to fully support Internet Explorer. The site is still available to you, however some sections of the site may appear broken. We would encourage you to move to a more modern browser like Firefox, Edge or Chrome in order to experience the site fully.

Managing Catastrophic Disaster Risks Using Alternative Risk Financing and Pooled Insurance Structures, Paperback / softback Book

Managing Catastrophic Disaster Risks Using Alternative Risk Financing and Pooled Insurance Structures Paperback / softback

Part of the World Bank Technical Paper: Europe & Central Asia Poverty Reduction & Economic Management series

Paperback / softback

Description

This report examines the existing constraints and opportunities to implement a catastrophe insurance system which can resolve the key obstacles currently impeding broader implementation of a risk funding approach.

The four main pillars in such a strategy involve: strengthening the insurance sector regulatory requirements and supervision; establishment of broad based pooled catastrophe funding structures with efficient risk transfer tools; promoting public insurance policies linked to programs for loss reduction in the uninsured sectors; and strengthening the risk assessment and enforcement of structural measures such as zoning and building code compliance.

Information

Information

Also in the World Bank Technical Paper: Europe & Central Asia Poverty Reduction & Economic Management series