Catastrophe Risk Financing in Developing Countries : Principles for Public Intervention

Public intervention in catastrophe insurance markets, supported by the donor community and the World Bank, should be country specific. Low-income countries, where the domestic non-life insurance market is undeveloped, should focus in the short term...

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Bibliographic Details
Main Authors:	Cummins, J. David, Mahul, Olivier
Format:	Publication
Language:	English en_US
Published:	Washington, DC: World Bank 2012
Subjects:	ADVANCED ECONOMIES ADVERSE SELECTION AGENTS AGRICULTURAL INSURANCE ASSETS BASIS RISK BOND BOND MARKET BONDS BROKERS BUILDING CODES BUSINESS OPPORTUNITIES CAPITAL ASSET CAPITAL ASSET PRICING CAPITAL MARKET CAPITAL MARKETS CAPITAL REQUIREMENTS CAPITAL STOCK CAPTIVE INSURANCE CATASTROPHE FUND CATASTROPHE REINSURANCE CATASTROPHES CATASTROPHIC EVENT CENTRE FOR RESEARCH ON THE EPIDEMIOLOGY CLIMATE CHANGE COMMODITIES COMPULSORY INSURANCE CONSUMERS CONTINGENT LIABILITY COPYRIGHT CLEARANCE COPYRIGHT CLEARANCE CENTER CORPORATE BONDS COST OF CAPITAL COUNTRY DEVELOPMENT COVERAGE CRED CREDIT QUALITY CRITICAL INFRASTRUCTURE CROP INSURANCE CROP INSURANCE SCHEME DAMAGES DAT DATABASE DEBT DEBT SERVICE DEVELOPING COUNTRIES DEVELOPMENT NETWORK DISASTER DISASTER ASSISTANCE DISASTER MITIGATION DISASTER PREVENTION DISASTER RECONSTRUCTION DISASTER RECOVERY DISASTER REDUCTION DISASTER RELIEF DISASTER RESPONSE DISASTER RISK DISASTER RISK REDUCTION DISASTER-PRONE COUNTRIES DISASTER-PRONE COUNTRY DISASTERS DIVERSIFICATION BENEFITS DROUGHT DROUGHTS EARLY WARNING EARLY WARNING SYSTEMS EARTHQUAKE EARTHQUAKE INSURANCE EARTHQUAKES ECONOMIC INTEGRATIONS ECONOMIC RISK EMERGENCY COMMUNICATION SYSTEMS EMERGENCY PREPAREDNESS EMERGENCY RESPONSE EQUITY CAPITAL EXCESS OF LOSS REINSURANCE EXPOSURE TO RISK EXTREME EVENTS EXTREME WEATHER EXTREME WEATHER EVENTS FACULTATIVE REINSURANCE FARMER FARMERS FINANCE CORPORATION FINANCIAL INFRASTRUCTURE FINANCIAL INSTITUTION FINANCIAL INSTITUTIONS FINANCIAL INSTRUMENT FINANCIAL INSTRUMENTS FINANCIAL INTERMEDIARIES FINANCIAL PRODUCT FINANCIAL PRODUCTS FINANCIAL RISK FINANCIAL SECTOR FINANCIAL SERVICES FINANCIAL SYSTEM FINANCING ARRANGEMENTS FLOOD FLOODS GLOBAL MARKET GLOBAL MARKETS GROSS DOMESTIC PRODUCT HURRICANE HURRICANES IMPACT OF DISASTERS INCOME INCOMES INDEMNITIES INDEMNITY INDEMNITY INSURANCE INDUSTRIAL COUNTRIES INFORMATION FLOWS INSECT INFESTATION INSTITUTIONAL CAPACITIES INSURANCE INSURANCE AGENTS INSURANCE BENEFITS INSURANCE BUYERS INSURANCE COMPANIES INSURANCE COMPANY INSURANCE CONTRACT INSURANCE CONTRACTS INSURANCE COVERAGE INSURANCE INDUSTRIES INSURANCE INDUSTRY INSURANCE MARKET INSURANCE MARKETS INSURANCE POLICIES INSURANCE POLICY INSURANCE POOLS INSURANCE PREMIUM INSURANCE PRODUCTS INSURANCE RISK INSURED LOSSES INTERNATIONAL FINANCE JURISDICTION LAWS LIQUIDITY LOSS RATIO LOW-INCOME COUNTRIES MARKET INFRASTRUCTURE MARKET STRUCTURE METEOROLOGICAL ORGANIZATION MICROFINANCE MIDDLE-INCOME COUNTRIES MITIGATION MITIGATION MEASURES MORAL HAZARD NATURAL DISASTER NATURAL DISASTERS NEGOTIATION NET PREMIUMS WRITTEN NON-LIFE INSURANCE OPTION CONTRACT POLICYHOLDERS POLITICAL REGIMES PORTFOLIO PORTFOLIO DIVERSIFICATION PORTFOLIOS PREMIUMS PRIMARY INSURER PRIMARY INSURERS PRIVATE INSURANCE PRIVATE INVESTMENTS PRIVATE SECTOR DEVELOPMENT PROGRAMS PROPERTY INSURANCE PUBLIC INSURANCE PUBLIC-PRIVATE PARTNERSHIP PUBLIC-PRIVATE PARTNERSHIPS RATES REGULATORY FRAMEWORKS REGULATORY IMPEDIMENTS REGULATORY REQUIREMENTS REINSURANCE BROKER REINSURANCE CAPACITY REINSURANCE COMPANIES REINSURANCE MARKETS REINSURANCE PREMIUMS REINSURER REINSURERS RELIEF RELIEF EFFORTS RESERVE FUND RESERVES RISK ASSESSMENT RISK DIVERSIFICATION RISK EXPOSURE RISK EXPOSURES RISK INSURANCE RISK MANAGEMENT RISK MANAGEMENT SYSTEM RISK MITIGATION RISK PROFILES RISK REDUCTION RISK REDUCTIONS RISK TRANSFER SAFETY SAFETY NET SCIENTIFIC ORGANIZATIONS SECURITIES SECURITIES MARKET SECURITIES MARKETS SOLVENCY STARTUP SUSTAINABILITY SUSTAINABLE DEVELOPMENT SYSTEMIC RISK TAX TECHNICAL ASSISTANCE TRANSACTION COSTS UNDERWRITING VOLATILITY VOLCANOES WORLD TRADE
Online Access:	http://documents.worldbank.org/curated/en/2008/11/10034711/catastrophe-risk-financing-developing-countries-principles-public-intervention http://hdl.handle.net/10986/6289

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http://documents.worldbank.org/curated/en/2008/11/10034711/catastrophe-risk-financing-developing-countries-principles-public-intervention
http://hdl.handle.net/10986/6289

Catastrophe Risk Financing in Developing Countries : Principles for Public Intervention

Internet

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