Glossary

Attachment point

In non-proportional reinsurance, an amount over which a reinsurer agrees to start paying benefits (Reinsurance Glossary 2020).

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other key terms

Prevention

Actions taken to avoid or reduce the impacts of future crises and hazards.

Total crisis financing

Development funding focused mainly on crisis prevention, preparedness and response activities.

Crisis risk

The likelihood of harm or loss from crises shaped by hazards, exposure, vulnerability and capacity.

International crisis financing system

The network of global organisations funding crisis prevention, preparedness and response.

Disaster risk finance diagnostic

An analytical assessment of a country’s disaster risk profile.

Financial Flows

Financial flows refer to the movement of funds for disaster risk reduction (DRR) and response, covering planned and unplanned sources.