In addition to financial services, the Treasury works in close partnership with other units across the World Bank to provide technical assistance to countries to build capacity for disaster risk transfer.
Engagement can be designed to:
- Improve general understanding of insurance-linked securities (ILS) market and instruments;
- Explain risk transfer options relative to limitations/preference of each country from legal, regulatory perspective;
- Supervise catastrophe risk modeling to develop risk profiles and risk transfer structures;
- Customize documentation for risk transfer.