Person:
Pollner, John Daniel

Private and Financial Sector Development Department, Europe and Central Asia Region
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Author Name Variants
Fields of Specialization
bank insolvency and resolution tools; catastrophe insurance and financial instruments; private/funded pension systems; structured finance and securitization (capital markets); Latin America; Eastern Europe; Central/East Asia
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ORCID
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Private and Financial Sector Development Department, Europe and Central Asia Region
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Last updated January 31, 2023
Biography
John Pollner is Lead Financial Officer (Financial & Risk Markets) in the Private and Financial Sector Department of the Europe and Central Asia Region of the World Bank.  He specializes in policy analysis and projects in the new EU member states involving banking insolvency/bankruptcy, resolution and restructuring, capital market development and securitization, private sector pension reforms & annuities markets, and catastrophe insurance programs for hedging fiscal losses from natural peril risks, the latter area where he pioneered the design and use of risk transfer mechanisms.  Mr. Pollner is a national of both the US and Chile, and has an MBA / Finance degree from the University of California at Berkeley.

Publication Search Results

Now showing 1 - 2 of 2
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    Financial and Fiscal Instruments for Catastrophe Risk Management : Addressing Losses from Flood Hazards in Central Europe
    (Washington, DC: World Bank, 2012-07-05) Pollner, John
    This report addresses the large flood exposures of Central Europe and proposes efficient financial and risk transfer mechanisms to mitigate fiscal losses from natural catastrophes. In particular, the Visegrad countries (V-4) of Central Europe, namely, Poland, the Czech Republic, Hungary, and the Slovak Republic, have such tremendous potential flood damages that reliance on budgetary appropriations or even European Union (EU) funds in such circumstances becomes ineffective and does not provide needed cash funds for the quick response and recovery needed to minimize economic disruptions. The report is primarily addressed to the governments of the region, which should build into their fiscal planning the necessary contingent funding mechanisms, based on their exposures. The report is addressed to finance ministries and also to the insurance and securities regulators and the private insurance and capital markets, which may all play a role in the proposed mechanisms. An arrangement using a multi-country pool with a hazard-triggered insurance payout mechanism complemented by contingent financing is proposed, to better manage these risks and avoid major fiscal volatility and disruption.
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    Designing the Payout Phase of Funded Pension Pillars in Central and Eastern European Countries
    ( 2010-04-01) Vittas, Dimitri ; Rudolph, Heinz ; Pollner, John
    Over the past decade or so, most Central and Eastern European countries have reformed their pension systems, significantly downsizing their public pillars and creating private pillars based on capitalization accounts. Early policy attention was focused on the accumulation phase but several countries are now reaching the stage where they need to address the design of the payout phase. This paper reviews the complex policy issues that will confront policymakers in this effort and summarizes recent plans and developments in four countries (Poland, Hungary, Estonia, and Lithuania). The paper concludes by highlighting a number of options that merit detailed consideration.