This study follows an analytical risk management process that begins by identifying the major hazards to which the countries of Latin America and the Caribbean are exposed. It then outlines the risk exposures related to these hazards, evaluates opportunities for risk transfer and presents...

This technical paper provides us with an in-depth explanation of how losses due to catastrophes are insured and who absorbs the costs of compensating the insured assets. In the absence of an effective insurance market, the government often becomes the de facto financier of postdisaster...

The report makes a general assessment of the need for catastrophe risk transfer in Latin America and the Caribbean. It analyzes different ways in which risk transfer can take place in the form of conventional reinsurance contracts as well as newer derivative instruments and risk-linked securities.

This report was produced by the IDB Working Group on Disaster Risk Financing. The aim of the report is to give a general background on the IDB's disaster financing strategy and also a thorough discussion of regional risk-transfer markets. In addition, a strategy for reducing regional disaster...

The Latin American and Caribbean region is highly exposed to natural disasters. The social and economic impact of these events has been historically very significant and it is showing an increasingly growing trend. During the first quarter of 2010, this unfortunate reality was evidenced with the...

The report makes a general assessment of the need for catastrophe risk transfer in Latin America and the Caribbean. It analyzes different ways in which risk transfer can take place in the form of conventional reinsurance contracts as well as newer derivative instruments and risk-linked securities.

El presente informe examina el proceso analítico para la gestión del riesgo que comienza con la identificación de las principales amenazas a las que se encuentran expuestos los países de América Latina y el Caribe. Seguidamente, señala las exposiciones al riesgo relacionadas con dichas...

This technical paper provides us with an in-depth explanation of how losses due to catastrophes are insured and who absorbs the costs of compensating the insured assets. In the absence of an effective insurance market, the government often becomes the de facto financier of postdisaster...

El presente informe examina el proceso analítico para la gestión del riesgo que comienza con la identificación de las principales amenazas a las que se encuentran expuestos los países de América Latina y el Caribe. Seguidamente, señala las exposiciones al riesgo relacionadas con dichas...

The Latin American and Caribbean region is highly exposed to natural disasters. The social and economic impact of these events has been historically very significant and it is showing an increasingly growing trend. During the first quarter of 2010, this unfortunate reality was evidenced with the...