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The Enabling Environment for Disaster Risk Financing in Sri Lanka: Country Diagnostics Assessment

Publication | February 2019
The Enabling Environment for Disaster Risk Financing in Sri Lanka: Country Diagnostics Assessment

This country diagnostic assessment seeks to strengthen financial preparedness for disasters in Sri Lanka, focusing on insurance and other risk transfer instruments.

It explores the current application of disaster risk financing solutions by the government, businesses, and individual households; related demand and supply constraints; and opportunities for improvement. The assessment forms one of a series of country diagnostics undertaken using a common methodology to determine the state of the enabling environment for disaster risk financing.

Contents 

  • Executive Summary
  • Introduction
  • The Public Sector Disaster Risk Financing Landscape
  • Diagnostic on the Current Availability and Use of Insurance, Reinsurance, and Capital Market Solutions for Disaster Risk Financing
  • The Rating Summary and Recommended Main Actions
  • Appendix: Key Learnings from International Experience in Agricultural Insurance