Catastrophe Insurance Programs for Public Assets : Operational Framework

Natural disasters in APEC (Asia-Pacific Economic Cooperation) economies have significant impacts on the economy and daily lives of the population. To minimize those impacts, a comprehensive policy package is required, which covers the key strands o...

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Main Author: World Bank
Format: Report
Language:English
Published: World Bank, Washington, DC 2020
Subjects:
Online Access:http://documents.worldbank.org/curated/en/613121596701292494/Catastrophe-Insurance-Programs-for-Public-Assets-Operational-Framework
http://hdl.handle.net/10986/34440
id okr-10986-34440
recordtype oai_dc
spelling okr-10986-344402021-05-25T09:50:04Z Catastrophe Insurance Programs for Public Assets : Operational Framework World Bank PUBLIC ASSET DISASTER RISK MANAGEMENT INSURANCE DISASTER RISK FINANCE CATASTROPHE INSURANCE Natural disasters in APEC (Asia-Pacific Economic Cooperation) economies have significant impacts on the economy and daily lives of the population. To minimize those impacts, a comprehensive policy package is required, which covers the key strands of prevention, preparedness and response. The establishment of an insurance scheme to support the financial protection of public assets against disasters can form an important part of this package, alongside the use of complementary financial instruments within a broader disaster risk financing strategy, and investments in quality, resilient infrastructure and buildings to prevent losses. This report aims to synthesize peer-to-peer learning among APEC economies into a document that provides useful, practical guidance to finance officials about the design and implementation of catastrophe risk insurance programs for public assets based on case studies of APEC economies and beyond. 2020-09-15T18:54:02Z 2020-09-15T18:54:02Z 2020-08-06 Report http://documents.worldbank.org/curated/en/613121596701292494/Catastrophe-Insurance-Programs-for-Public-Assets-Operational-Framework http://hdl.handle.net/10986/34440 English CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank World Bank, Washington, DC Economic & Sector Work Economic & Sector Work :: Other Financial Sector Study Australia Colombia Japan Mexico New Zealand United Kingdom United States
repository_type Digital Repository
institution_category Foreign Institution
institution Digital Repositories
building World Bank Open Knowledge Repository
collection World Bank
language English
topic PUBLIC ASSET
DISASTER RISK MANAGEMENT
INSURANCE
DISASTER RISK FINANCE
CATASTROPHE INSURANCE
spellingShingle PUBLIC ASSET
DISASTER RISK MANAGEMENT
INSURANCE
DISASTER RISK FINANCE
CATASTROPHE INSURANCE
World Bank
Catastrophe Insurance Programs for Public Assets : Operational Framework
geographic_facet Australia
Colombia
Japan
Mexico
New Zealand
United Kingdom
United States
description Natural disasters in APEC (Asia-Pacific Economic Cooperation) economies have significant impacts on the economy and daily lives of the population. To minimize those impacts, a comprehensive policy package is required, which covers the key strands of prevention, preparedness and response. The establishment of an insurance scheme to support the financial protection of public assets against disasters can form an important part of this package, alongside the use of complementary financial instruments within a broader disaster risk financing strategy, and investments in quality, resilient infrastructure and buildings to prevent losses. This report aims to synthesize peer-to-peer learning among APEC economies into a document that provides useful, practical guidance to finance officials about the design and implementation of catastrophe risk insurance programs for public assets based on case studies of APEC economies and beyond.
format Report
author World Bank
author_facet World Bank
author_sort World Bank
title Catastrophe Insurance Programs for Public Assets : Operational Framework
title_short Catastrophe Insurance Programs for Public Assets : Operational Framework
title_full Catastrophe Insurance Programs for Public Assets : Operational Framework
title_fullStr Catastrophe Insurance Programs for Public Assets : Operational Framework
title_full_unstemmed Catastrophe Insurance Programs for Public Assets : Operational Framework
title_sort catastrophe insurance programs for public assets : operational framework
publisher World Bank, Washington, DC
publishDate 2020
url http://documents.worldbank.org/curated/en/613121596701292494/Catastrophe-Insurance-Programs-for-Public-Assets-Operational-Framework
http://hdl.handle.net/10986/34440
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