Managing catastrophic disaster risks using alternative risk financing and pooled insurance structures
Author(s)
Bibliographic Information
Managing catastrophic disaster risks using alternative risk financing and pooled insurance structures
（World Bank technical paper, no. 495）
World Bank, c2001
Available at 13 libraries
Note
Bibliography: p. 116-118
Description and Table of Contents
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.
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