Risk retention
When governments retain and finance disaster costs themselves.
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 moreSocial protection
Policies and programmes designed to reduce and prevent poverty and vulnerability throughout the life cycle.
Index
A measurable indicator used to estimate losses and trigger financial payouts.
Sovereign insurance
Sovereign insurance is insurance coverage purchased by a national government to protect its budget against the financial impacts of disasters.
Attachment point
The loss level above which a reinsurer begins paying under a reinsurance agreement.
Crisis risk
The likelihood of harm or loss from crises shaped by hazards, exposure, vulnerability and capacity.
Covariate shocks
Shocks affecting many households at once where losses are shared across the same community.
