Disaster Risk Finance and Insurance: Tools for Emerging Economies

Co-organized by the World Bank Group, Lloyd’s, and the Department for International Development (DfID)

This event will spotlight the evidence-base for disaster risk finance in developing countries, launching the findings of a three-year research project implemented by the Disaster Risk Financing and Insurance Program (DRFIP) - a joint initiative of the World Bank Group’s Finance and Markets Global Practice, and the Global Facility for Disaster Reduction and Recovery - and funded by the DfID’s Humanitarian Innovation and Evidence Program. The Disaster Risk Finance Impact Analytics Project weaves together catastrophe risk modeling, insurance, and disaster risk management with academic disciplines ranging from actuarial science and financial economics, to development economics, public finance, and behavior economics. The resulting robust methodologies help better guide investment in disaster risk finance projects from a development perspective.