Glossary
Annual Report
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A Year in Review is the Centre’s first published annual report. It details our progress and the challenges we’ve encountered, and showcases our impact.
Read moreother key terms
Basis risk
The gap between measured indicators and real losses causing payouts to differ from actual damage.
Development insurer
An insurer supporting development goals through insurance products and technical assistance.
International premium support
Premium support is international funding to pay for insurance premiums.
Disaster risk management
Policies and actions to reduce disaster risks, manage impacts and strengthen resilience.
Attachment point
The loss level above which a reinsurer begins paying under a reinsurance agreement.
Climate resilient debt clause or 'debt pause clause'
A provision in sovereign debt contracts that enables the borrower to temporarily stop repaying debt service for a pre-agreed period when a predefined event occurs.
