Risk layering
Using different financial instruments for different disaster frequencies.
This report offers an in-depth assessment of pre-arranged financing tools using seven key criteria for ensuring pre-arranged financing reduces the human and financial costs of disasters
Read moreBasis risk
The gap between measured indicators and real losses causing payouts to differ from actual damage.
Preparedness
Skills, systems and resources developed to respond effectively to likely future crises.
Prevention
Actions taken to avoid or reduce the impacts of future crises and hazards.
Disaster
A severe event causing widespread harm that exceeds a community’s ability to cope alone.
Crisis risk
The likelihood of harm or loss from crises shaped by hazards, exposure, vulnerability and capacity.
International premium support
Premium support is international funding to pay for insurance premiums.
