Glossary

Crisis protection gap

The difference between total expected contingent liabilities of national or international responders (i.e. the costs they can expect to incur in responding to crises) and the expected funding available to meet these costs through pre-arranged financing mechanisms.

Learn more

A Year in Review 2024–25 shows how the Centre for Disaster Protection is turning ideas into impact.

Read more

This report outlines ten strategic recommendations for closing the crisis protection gap, providing an ambitious roadmap for the next decade.

Read more

This report synthesises research exploring the feasibility of producing quantitative estimates of the costs of crisis protection across a variety of geographies and crisis types.

Read more

This paper examines the evidence on how to prepare better for disasters.

Read more
other key terms

Attachment point

The loss level above which a reinsurer begins paying under a reinsurance agreement.

Sovereign insurance

Sovereign insurance is insurance coverage purchased by a national government to protect its budget against the financial impacts of disasters.

Covariate shocks

Shocks affecting many households at once where losses are shared across the same community.

Preparedness

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

Development insurer

An insurer supporting development goals through insurance products and technical assistance.

Disaster risk management

Policies and actions to reduce disaster risks, manage impacts and strengthen resilience.