The World Bank helps clients increase their financial resilience to disasters by supporting disaster risk financing programs and offering contingent financing as well as insurance solutions. Working in close partnership with other units across the World Bank, the Treasury Disaster Risk Management Advisory team provides technical assistance to countries to build capacity for insurance and catastrophe bond programs. This can include:
- Improving general understanding of insurance-linked securities (ILS) market and instruments;
- Explaining risk transfer options relative to limitations/preference of each country from legal, regulatory perspective;
- Supervising catastrophe risk modeling to develop risk profiles and risk transfer structures;
- Customizing documentation for risk transfer
For more information visit Disaster Risk Management Products.