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Managing Catastrophic Disaster Risks Using Alternative Risk Financing and Pooled Insurance Structures (Paperback)

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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.

Product Details
ISBN: 9780821349175
ISBN-10: 0821349171
Publisher: World Bank Publications
Publication Date: March 1st, 2001
Pages: 118
Language: English
Series: World Bank Technical Papers