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

International development financing

Public funding flows supporting development objectives in lower income countries.

Disaster

A severe event causing widespread harm that exceeds a community’s ability to cope alone.

Anticipatory Action

Actions taken before a crisis hits to prevent or reduce potential disaster impacts prior to a shock or before acute impacts are felt.

Crisis protection gap

The difference between expected crisis costs and funding already arranged to cover them.

Other official flows (OOF)

Public funding supporting development that does not meet official aid definitions.

Preparedness

Skills, systems and resources developed to respond effectively to likely future crises.