Risk transfer
When disaster risk is shifted to insurers or capital markets.
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 moreRisk retention
When governments retain and finance disaster costs themselves.
Crisis financing
Funding designed to prevent, prepare for and respond to crises before and after they occur.
Hazard
A natural or human process that can cause injury, damage or disruption.
Sovereign insurance
Sovereign insurance is insurance coverage purchased by a national government to protect its budget against the financial impacts of disasters.
Indemnity insurance
Insurance that pays based on assessed losses after damage to a specific asset.
Early warning system
Systems that monitor hazards and share information early, so people can act in time.
