Publication: Advancing Disaster Risk Financing and Insurance in ASEAN Member States : Framework and Options for Implementation, Volume 2. Technical Appendices
Date
2012-04
ISSN
Published
2012-04
Author(s)
World Bank
Abstract
This report is part of a project being
jointly conducted by the World Bank, the Global Facility for
Disaster Reduction and Recovery (GFDRR), the Association of
Southeast Asian Nations (ASEAN) Secretariat, and United
Nations International Strategy for Disaster Reduction
(UNISDR). It aims to provide capacity building on disaster
risk financing and insurance (DRFI) in ASEAN Member States.
DRFI is a relatively new topic and, therefore, training and
capacity building of local stakeholders is essential.
Governments must understand the benefits and the limitations
of disaster risk financing and insurance as part of their
comprehensive Disaster Risk Management (DRM) strategies.
This report presents main findings and recommendations on
DRFI in the ASEAN region. Following the World Bank disaster
risk financing and insurance framework, it consists of five
chapters, including this introduction. Chapter two presents
a preliminary economic and fiscal risk assessment of natural
disasters in ASEAN Member States. Chapter three provides an
overview of the fiscal management of natural disasters
currently implemented by ASEAN Member States. Chapter four
reviews the state of the private catastrophe insurance
markets, including property catastrophe risk insurance,
agricultural insurance, and disaster micro-insurance.
Chapter five identifies five main recommendations for
strengthening the long-term financial and fiscal resilience
of ASEAN Member States against natural disasters, as part of
their broader disaster risk management and climate change
adaptation agendas.
Citation
“World Bank. 2012. Advancing Disaster Risk Financing and Insurance in ASEAN Member States : Framework and Options for Implementation, Volume 2. Technical Appendices. © Washington, DC. http://openknowledge.worldbank.org/entities/publication/a7d00581-dd4e-5e1b-80b8-006e1fde48f6 License: CC BY 3.0 IGO.”