Disaster Risk Financing : Case Studies

dc.creatorPoundrik, Sandeep
dc.date2012-08-13T10:25:58Z
dc.date2012-08-13T10:25:58Z
dc.date2011-03
dc.date.accessioned2026-07-01T01:06:56Z
dc.descriptionIn this note, the instruments supporting risk retention and risk financing at the national and regional/international levels will be the sole focus. Risk transfer, including insurance, is a very broad subject and requires a separate discussion; however, when a hybrid solution involves a transfer of risk or an instrument at the household or community level, a brief explanation of the instrument ensues. To this end, the note reviews examples generally considered to be good practices in the sector and seeks to elucidate well-regarded risk retention instruments and financing. The choice of instruments in disaster risk financing depends on many factors. One way of looking at it is to classify the disasters in terms of their expected severity and frequency. More frequent disasters with low expected severity are better financed by retaining the risk, as the cost of transferring such risk will be disproportionately high compared to the expected damages or payments. On the other hand, risk associated with low frequency-high severity disasters is best transferred to the international reinsurance market, as government may not have the capacity and resources to sustain the damages caused by such disasters. Finally, as the case studies in this note indicate, the uptake of risk retention and risk transfer mechanisms has made countries more resilient to natural disaster.
dc.formatapplication/pdf
dc.formattext/plain
dc.identifierhttp://documents.worldbank.org/curated/en/2011/03/13972345/disaster-risk-financing-case-studies
dc.identifierhttps://hdl.handle.net/10986/10104
dc.identifierhttps://doi.org/10.1596/10104
dc.identifier.urihttp://hdl.handle.net/123456789/415326
dc.languageEnglish
dc.relationEAP DRM Knowledge Notes; No. 23
dc.rightsCC BY 3.0 IGO
dc.rightshttp://creativecommons.org/licenses/by/3.0/igo/
dc.rightsWorld Bank
dc.subjectATTACHMENT POINT
dc.subjectBORROWER
dc.subjectBORROWING CAPACITY
dc.subjectBUDGET CONSTRAINTS
dc.subjectCAPITAL REQUIREMENT
dc.subjectCATASTROPHE BONDS
dc.subjectCATASTROPHE FUND
dc.subjectCATASTROPHIC EVENT
dc.subjectCLIMATE CHANGE
dc.subjectCOVERAGE
dc.subjectCREDIBILITY
dc.subjectCREDIT LINE
dc.subjectDAMAGES
dc.subjectDEBT
dc.subjectDEBT BURDEN
dc.subjectDECLARATION
dc.subjectDEVELOPING COUNTRIES
dc.subjectDEVELOPMENT ORGANIZATIONS
dc.subjectDISASTER
dc.subjectDISASTER MANAGEMENT
dc.subjectDISASTER MANAGEMENT ACTIVITIES
dc.subjectDISASTER MITIGATION
dc.subjectDISASTER MITIGATION MEASURES
dc.subjectDISASTER PREPAREDNESS
dc.subjectDISASTER RECOVERY
dc.subjectDISASTER REDUCTION
dc.subjectDISASTER RISK
dc.subjectDISASTERS
dc.subjectDISBURSEMENT
dc.subjectDISBURSEMENTS
dc.subjectDIVERSIFIED PORTFOLIO
dc.subjectDROUGHT
dc.subjectDROUGHTS
dc.subjectEARLY WARNING
dc.subjectEARLY WARNING SYSTEM
dc.subjectEARLY WARNING SYSTEMS
dc.subjectEARTHQUAKE
dc.subjectEARTHQUAKES
dc.subjectEMERGENCY DECREES
dc.subjectEMERGENCY MANAGEMENT
dc.subjectEMERGENCY OPERATIONS
dc.subjectEMERGENCY PLAN
dc.subjectEMERGENCY RELIEF
dc.subjectEMERGENCY RESPONSES
dc.subjectEMERGENCY SITUATIONS
dc.subjectEXPROPRIATIONS
dc.subjectFINANCES
dc.subjectFINANCIAL SUPPORT
dc.subjectFLOODS
dc.subjectFOOD RELIEF
dc.subjectFOOD SECURITY
dc.subjectFORGIVENESS
dc.subjectFUNGIBLE
dc.subjectGLOBAL MARKET
dc.subjectHEALTH CARE
dc.subjectHOLDING
dc.subjectHUMANITARIAN ASSISTANCE
dc.subjectHURRICANE
dc.subjectHURRICANES
dc.subjectIMPACT OF DISASTERS
dc.subjectINSTRUMENT
dc.subjectINSURANCE
dc.subjectINSURANCE COMPANIES
dc.subjectINSURANCE COVERAGE
dc.subjectINSURANCE POLICIES
dc.subjectINSURANCE POLICY
dc.subjectINSURANCE POOLS
dc.subjectINSURANCE PREMIUM
dc.subjectINSURERS
dc.subjectINTERNATIONAL AGENCIES
dc.subjectINTERNATIONAL FINANCIAL MARKETS
dc.subjectINVESTING
dc.subjectINVESTMENT INSTRUMENTS
dc.subjectINVESTMENT INSURANCE
dc.subjectLEGAL FRAMEWORK
dc.subjectLEGISLATIVE FRAMEWORK
dc.subjectLINE OF CREDIT
dc.subjectLIQUIDITY
dc.subjectLIQUIDITY PROBLEMS
dc.subjectLOAN
dc.subjectLOAN AMOUNT
dc.subjectLOAN REPAYMENT
dc.subjectLOCAL GOVERNMENTS
dc.subjectLOW INCOME FARMERS
dc.subjectMATURITY
dc.subjectMICRO FINANCE
dc.subjectMICRO INSURANCE
dc.subjectNATIONAL EMERGENCY
dc.subjectNATURAL DISASTER
dc.subjectNATURAL DISASTERS
dc.subjectNATURAL HAZARDS
dc.subjectOIL PRICES
dc.subjectOPPORTUNITY COST
dc.subjectPOLITICAL ECONOMY
dc.subjectPREMIUM PAYMENT
dc.subjectPREMIUMS
dc.subjectPROGRAMS
dc.subjectRECONSTRUCTION
dc.subjectREINSURANCE
dc.subjectREINSURANCE MARKETS
dc.subjectRELIEF
dc.subjectRESERVE
dc.subjectRESERVE FUND
dc.subjectRESERVE FUNDS
dc.subjectRESERVES
dc.subjectRETURN
dc.subjectRISK INSURANCE
dc.subjectRISK MANAGEMENT
dc.subjectRISK MANAGEMENT SYSTEM
dc.subjectRISK POOLING
dc.subjectRISK TRANSFER
dc.subjectSAVINGS
dc.subjectSMALL BUSINESSES
dc.subjectSWAPS
dc.subjectTAX
dc.subjectTRANSFER RISK
dc.subjectTRANSPARENCY
dc.subjectTREASURY
dc.subjectTRUST DEED
dc.subjectTRUST FUND
dc.subjectVICTIMS
dc.subjectWAR
dc.subjectWEATHER EVENTS
dc.subjectWIND SPEED
dc.titleDisaster Risk Financing : Case Studies

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