Insurance & risk transfer

The process of formally or informally shifting the financial consequences of particular risks from one party to another, whereby a household, community, enterprise or State authority will obtain resources from the other party after a disaster occurs, in exchange for ongoing or compensatory social or financial benefits provided to that other party.

Latest Insurance & risk transfer additions in the Knowledge Base

Documents and publications

SP Discussion Paper no. 0543.

Natural disasters have a huge impact on social and economic welfare. Policies to manage them need to be integrated and well grounded to the specificities of natural hazards as well as local capacities in terms of fiscal

Documents and publications

Sustainable Development Department Technical Studies series, ENV-139.

While the occurrence of natural events can not be prevented, there is a possibility to reduce the vulnerability of populations through risk management. The IDB Action Plan for natural

Documents and publications

Journal: Climate Policy, no. 6, 2006

Climate change brings about a new set of major economic risks arising from changing weather patterns, extreme weather events and rising sea levels. Most at risk are developing countries who, despite considerable post

Documents and publications

Disaster risk management working paper series no. 13

This paper addresses the issue of streamlining hazard risk management into individual projects in the rural sector. The purpose of this paper is to raise awareness and understanding of risk and

Documents and publications

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

Documents and publications
This report documents the event of the Kocaeli Earthquake in Turkey in 1999. In addition to providing background information on the event, this report includes the following sections: the earthquake and its geologic effects, building and infrastructure damage, industrial facilities, and insured and economic losses. The report also includes a section on consequences and future implications.
Documents and publications

The United Nations Framework Convention on Climate Change secretariat has produced this book to highlight the concerns and needs of developing countries in adapting to the effects of climate change.
It outlines the impact of climate change in four

Documents and publications

Agricultural microinsurance in the context of this discussion paper involves the broad question of how low-income farmers close to or below the poverty level can be indemnified for agricultural losses due to severe weather conditions - regardless of the

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