Glossary
Risk retention
When governments retain and finance disaster costs themselves.
Learn more
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 moreother key terms
Total crisis financing
Development funding focused mainly on crisis prevention, preparedness and response activities.
Risk transfer
When disaster risk is shifted to insurers or capital markets.
International premium support
Premium support is international funding to pay for insurance premiums.
Disaster risk financing
Financial arrangements made in advance to pay for disaster prevention, response and recovery.
Attachment point
The loss level above which a reinsurer begins paying under a reinsurance agreement.
Basis risk
The gap between measured indicators and real losses causing payouts to differ from actual damage.
