This report makes use of a unique set of data on premiums and claims provided by global reinsurance companies to examine the contribution that reinsurance has made to enhancing the capacity of the primary insurance market to manage catastrophe risk and to reducing the economic and insurance...

Insurance markets play an essential role in the financial management of disaster risks by encouraging proper risk management and providing a source of financing to respond to the damages and losses incurred by households, businesses and governments as a result of catastrophic events. The pooling...