risk transfer

Feasibility Study for Agricultural Insurance in Nepal

A feasibility study investigating the potential for agricultural insurance to be used as a financial risk transfer tool for small and marginal farmers in Nepal. The study outlines the core institutional, financial, and technical challenges to the introduction of agricultural insurance and then outlines a framework for overcoming these challenges to develop a sustainable, market-based […]

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Turkey: Addressing private risks – the Turkey Catastrophe Insurance Pool (TCIP)

The Turkish Catastrophe Insurance Pool (TCIP) is a compulsory public-private earthquake insurance scheme established in 2000 in response to the devastating 1999 Marmara earthquake, which killed 15,000 people and placed enormous fiscal strain on the Turkish government. Turkey is one of the most earthquake-exposed countries in the world, with around 70% of its population and

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Caribbean Catastrophe Risk Insurance Facility (CCRIF): Regional Parametric Insurance and Sovereign Disaster Risk Financing

The Caribbean Catastrophe Risk Insurance Facility (CCRIF) is the world’s first multi-country, multi-peril catastrophe risk pool, owned and operated by Caribbean governments. Launched in 2007 in response to the devastation caused by Hurricane Ivan in 2004, CCRIF was designed to limit the financial impact of catastrophic hurricanes and earthquakes — and more recently excess rainfall

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