Enhancing Financial Protection Against Catastrophe Risks / OECD Publishing.

Format:

Book

Author/Creator:

OECD Publishing, author, issuing body.

Language:

English

Subjects (All):

Financial institutions.

Physical Description:

1 online resource (140 pages)

Place of Publication:

Paris : OECD Publishing, 2021.

Summary:

The financial management of catastrophe risks presents an important public policy challenge for governments across the world. Climate change, the increasing reliance on digital technologies and socioeconomic trends such as globalisation and urbanisation are affecting the frequency and severity of the floods, cyclones, cyber-attacks and infectious disease outbreaks that produce significant financial, economic and social costs each year. This report examines the role of catastrophe risk insurance programmes (i.e. loss-sharing arrangements within the insurance sector and often in partnership with governments) in broadening the availability of affordable insurance coverage for catastrophe risks and limiting risks to public finances.

Contents:

Foreword

Executive Summary

1 Insurance coverage of catastrophe perils

Insurance coverage of natural catastrophe perils

Insurance coverage of cyber risks

Insurance coverage of infectious disease outbreaks

Insurance coverage of political violence, terrorism and social unrest

The potential contribution of catastrophe risk insurance programmes

2 Catastrophe risk insurance programmes

3 The contribution of programmes to addressing low levels of insurance coverage

The contribution of existing programmes to increasing insurance coverage

Increasing financial protection through a catastrophe risk insurance programme

Natural catastrophe perils

Cyber risks

Infectious diseases

Political violence, terrorism and social unrest

References

FIGURES.

Notes:

Description based on publisher supplied metadata and other sources.

ISBN:

92-64-36396-3