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Natural Catastrophe Risk Insurance Mechanisms for Asia and the Pacific
Main Report

Books, Periodicals, Studies, and Reports

On-line edition: Free of Charge
Hardcopy price: $25.00

ISBN: 978-971-561-799-4
Pub. Date: 2009
In stock



Natural catastrophes are a major threat to sustainable development, especially in Asia and the Pacific. ADB’s developing member countries are particularly vulnerable. Catastrophe risk could be transferred through a regional public–private insurance partnership. This is the key finding of the Asian Development Bank Conference on Natural Catastrophe Risk Insurance Mechanisms for Asia and the Pacific held in Tokyo in November 2008.

This report answers questions about disaster risk management and shows how ADB can ease access to catastrophe risk transfer mechanisms. It also suggests that a regional approach is an appropriate mechanism to bridge existing gaps and to unlock resources needed to better manage risk.

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Contents

Executive Summary

Background and Credits

Glossary of Terms

Acronyms and Abbreviations

Overview

Fundamental Issues of Catastrophe Risk Finance in Asia and the Pacific

Applications of Catastrophe Risk Transfer Mechanisms in Asia and the Pacific - Creating a Viable Risk Pool for the Pacific

Applications of Catastrophe Risk Transfer Mechanisms in Asia and the Pacific - Catastrophe Insurance for Megacities

Areas for Consideration

Appendixes