Glossary
Attachment point
In non-proportional reinsurance, an amount over which a reinsurer agrees to start paying benefits (Reinsurance Glossary 2020).
other key terms
Official development assistance (ODA)
Public aid supporting development and welfare in eligible countries, usually on concessional terms.
Resilience
The ability to withstand shocks, adapt, recover and continue functioning over time.
Vulnerability
Conditions that increase how severely people or communities are affected by hazards.
Other official flows (OOF)
Public funding supporting development that does not meet official aid definitions.
Ex ante
Actions, decisions or financial arrangements made before a disaster or crisis occurs.
Development insurer
An insurer supporting development goals through insurance products and technical assistance.
