Glossary
Development insurer
Financial institution that offers insurance and complementary technical assistance, tied to explicit development objectives (Centre for Disaster Protection).
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other key terms
Pre-arranged financing
Financing approved before crises that is released automatically when agreed triggers are met.
Disaster risk finance diagnostic
An analytical assessment of a country’s disaster risk profile.
Sustainable development
Meeting today’s needs without limiting future generations’ ability to meet theirs.
International development financing
Public funding flows supporting development objectives in lower income countries.
Parametric insurance
Insurance that pays when an agreed indicator reaches a set level, not actual losses.
International premium support
Premium support is international funding to pay for insurance premiums.
