Risk profile
Underlying risks that an organisation or country is exposed to, the amount of financial protection needed and that is expected to be covered by pre-arranged financing instrument(s), and where there are funding gaps.
This guidance note has been developed to help the increasing number of countries and organisations that are considering or using pre-arranged financing instruments.
Read moreDevelopment insurer
An insurer supporting development goals through insurance products and technical assistance.
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.
Social protection
Policies and programmes designed to reduce and prevent poverty and vulnerability throughout the life cycle.
Basis risk
The gap between measured indicators and real losses causing payouts to differ from actual damage.
International development financing
Public funding flows supporting development objectives in lower income countries.
Indemnity insurance
Insurance that pays based on assessed losses after damage to a specific asset.
