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Disaster Risk Management Advisory

  • The World Bank helps clients increase their financial resilience to disasters by supporting disaster risk financing programs and offering insurance solutions.

    In addition to insurance solutions, 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

    For more information visit Disaster Risk Management Products.

  • Advisory services provided by World Bank Treasury to help governments build capacity for implementing disaster risk financing solutions.

    Services are often provided in collaboration with the Disaster Risk Financing and Insurance Program (Finance Competitiveness and Innovation Global Practice), Disaster Risk Management group (Social, Urban, Rural and Resilience Global Practice), and other Bank experts.

    Advisory services are provided by both in-house experts and external service providers, such as catastrophe risk modeling agencies, legal counsel and structuring agents.

    Services can be financed through trust funds, Reimbursable Advisory Service (RAS), lending operations, or the government’s own funds among other sources.

    World Bank Treasury helps clients understand different risk transfer options and engage with relevant counterparties:

    • Training on risk transfer options including traditional insurance, derivatives, and catastrophe bonds.
    • Evaluating risk transfer options relative to a client’s limitations or preference from a legal, regulatory or budget perspective.
    • Procuring catastrophe risk modeling services to develop amongst others a (i) credible and transparent view of the underlying risk, (ii) sample risk transfer structures, and (iii) evaluation of the costs of risk transfer products.
    • Procuring external service providers to support structuring of risk transfer execution.
    • Preparing and supporting clients with the key decisions regarding the legal, technical and financial requirements of a transaction. 
  • For information, contact: Miguel Navarro-Martin, Manager, Banking Products mnavarromartin@worldbank.org, +1 (202) 458 4722, or Naomi Cooney, Senior Financial Officer Financial Advisory & Banking, the World Bank Treasury ncooney@worldbank.org, +1 (202) 473 4034