Advancing Disaster Risk Financing and Insurance in ASEAN Member States : Framework and Options for Implementation, Volume 1. Main report

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 f...

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Main Author: World Bank
Format: Economic & Sector Work
Language:English
en_US
Published: Washington, DC 2013
Subjects:
ADB
Online Access:http://documents.worldbank.org/curated/en/2012/04/16541960/advancing-disaster-risk-financing-insurance-asean-member-states-framework-options-implementation-vol-1-2-main-report
http://hdl.handle.net/10986/12627
id okr-10986-12627
recordtype oai_dc
repository_type Digital Repository
institution_category Foreign Institution
institution Digital Repositories
building World Bank Open Knowledge Repository
collection World Bank
language English
en_US
topic ACCOUNTING
ADB
AGENTS
AGRICULTURAL INSURANCE
APPLICATIONS
BROKERS
BUDGET SURPLUS
CAPITAL MARKETS
CATASTROPHES
CATASTROPHIC EVENTS
CATASTROPHIC LOSSES
CIVIL DEFENSE
CLIMATE CHANGE
CONTINGENCY PLANNING
CONTINGENCY PLANS
CONTINGENT LIABILITIES
CONTINGENT LIABILITY
CRED
DAMAGE ASSESSMENT
DAMAGE ASSESSMENTS
DAMAGES
DEBT
DECLARATION
DEVASTATION
DEVELOPMENT NETWORK
DISASTER
DISASTER EVENT
DISASTER EVENTS
DISASTER MANAGEMENT
DISASTER PREPAREDNESS
DISASTER RECONSTRUCTION
DISASTER REDUCTION
DISASTER RELIEF
DISASTER RESPONSE
DISASTER RISK
DISASTER RISK REDUCTION
DISASTER RISKS
DROUGHT
DROUGHTS
EARLY WARNING
EARLY WARNING SYSTEMS
EARTHQUAKE
EARTHQUAKES
EMERGENCY PLAN
EMERGENCY PREPAREDNESS
EMERGENCY RELIEF
EMERGENCY RESPONSE
ERUPTION
EXTREME EVENTS
FARMERS
FINANCIAL INSTITUTIONS
FINANCIAL MANAGEMENT
FINANCIAL RISK
FLOOD
FLOODING
FLOODS
FOREST FIRE
FOREST FIRES
HEAVY RAINFALL
HOUSING
IMPACT EVENTS
IMPACT OF DISASTERS
INFLATION
INFORMATION DISSEMINATION
INSURANCE
INSURANCE CONTRACTS
INSURANCE COVERAGE
INSURANCE INDUSTRY
INSURANCE MARKETS
INSURANCE PLANS
INSURANCE PREMIUMS
INSURANCE PRODUCTS
INSURED LOSSES
INSURER
INSURERS
INTERNATIONAL STRATEGY FOR DISASTER REDUCTION
INVENTORY
LANDSLIDES
LOCAL GOVERNMENT
LOCAL GOVERNMENTS
MACROECONOMIC CONDITIONS
MICROFINANCE
MICROINSURANCE
MINISTRIES OF FINANCE
MITIGATION
MITIGATION MEASURES
NATURAL DISASTER
NATURAL DISASTERS
NATURAL HAZARDS
NET LOSSES
OPERATING COSTS
PRIVATE CATASTROPHE INSURANCE
PROGRAMS
PUBLIC AGENCIES
PUBLIC FINANCE
RATES
REGULATORY SYSTEMS
REINSURANCE
REINSURER
REINSURERS
RELIEF
RELIEF OPERATIONS
RESCUE
RESCUE SERVICES
RESERVES
RESOURCE MOBILIZATION
RISK ASSESSMENT
RISK ASSESSMENTS
RISK DIVERSIFICATION
RISK EXPOSURE
RISK FACTORS
RISK INSURANCE
RISK MANAGEMENT
RISK MANAGEMENT SYSTEM
RISK MITIGATION
RISK PROFILES
RISK TRANSFER
SAFETY
SAVINGS
SEARCH AND RESCUE
SEARCH AND RESCUE SERVICES
SOCIAL SECURITY
STATISTICAL ANALYSIS
STORMS
SUBSIDIARY
SUPERVISORY FRAMEWORK
TECHNICAL COOPERATION
TRANSACTION COSTS
TROPICAL CYCLONES
TROPICAL STORM
TSUNAMI
TYPHOON
TYPHOONS
UNDERWRITING
URBANIZATION
VOLCANIC ERUPTIONS
VOLCANO
VOLCANOES
spellingShingle ACCOUNTING
ADB
AGENTS
AGRICULTURAL INSURANCE
APPLICATIONS
BROKERS
BUDGET SURPLUS
CAPITAL MARKETS
CATASTROPHES
CATASTROPHIC EVENTS
CATASTROPHIC LOSSES
CIVIL DEFENSE
CLIMATE CHANGE
CONTINGENCY PLANNING
CONTINGENCY PLANS
CONTINGENT LIABILITIES
CONTINGENT LIABILITY
CRED
DAMAGE ASSESSMENT
DAMAGE ASSESSMENTS
DAMAGES
DEBT
DECLARATION
DEVASTATION
DEVELOPMENT NETWORK
DISASTER
DISASTER EVENT
DISASTER EVENTS
DISASTER MANAGEMENT
DISASTER PREPAREDNESS
DISASTER RECONSTRUCTION
DISASTER REDUCTION
DISASTER RELIEF
DISASTER RESPONSE
DISASTER RISK
DISASTER RISK REDUCTION
DISASTER RISKS
DROUGHT
DROUGHTS
EARLY WARNING
EARLY WARNING SYSTEMS
EARTHQUAKE
EARTHQUAKES
EMERGENCY PLAN
EMERGENCY PREPAREDNESS
EMERGENCY RELIEF
EMERGENCY RESPONSE
ERUPTION
EXTREME EVENTS
FARMERS
FINANCIAL INSTITUTIONS
FINANCIAL MANAGEMENT
FINANCIAL RISK
FLOOD
FLOODING
FLOODS
FOREST FIRE
FOREST FIRES
HEAVY RAINFALL
HOUSING
IMPACT EVENTS
IMPACT OF DISASTERS
INFLATION
INFORMATION DISSEMINATION
INSURANCE
INSURANCE CONTRACTS
INSURANCE COVERAGE
INSURANCE INDUSTRY
INSURANCE MARKETS
INSURANCE PLANS
INSURANCE PREMIUMS
INSURANCE PRODUCTS
INSURED LOSSES
INSURER
INSURERS
INTERNATIONAL STRATEGY FOR DISASTER REDUCTION
INVENTORY
LANDSLIDES
LOCAL GOVERNMENT
LOCAL GOVERNMENTS
MACROECONOMIC CONDITIONS
MICROFINANCE
MICROINSURANCE
MINISTRIES OF FINANCE
MITIGATION
MITIGATION MEASURES
NATURAL DISASTER
NATURAL DISASTERS
NATURAL HAZARDS
NET LOSSES
OPERATING COSTS
PRIVATE CATASTROPHE INSURANCE
PROGRAMS
PUBLIC AGENCIES
PUBLIC FINANCE
RATES
REGULATORY SYSTEMS
REINSURANCE
REINSURER
REINSURERS
RELIEF
RELIEF OPERATIONS
RESCUE
RESCUE SERVICES
RESERVES
RESOURCE MOBILIZATION
RISK ASSESSMENT
RISK ASSESSMENTS
RISK DIVERSIFICATION
RISK EXPOSURE
RISK FACTORS
RISK INSURANCE
RISK MANAGEMENT
RISK MANAGEMENT SYSTEM
RISK MITIGATION
RISK PROFILES
RISK TRANSFER
SAFETY
SAVINGS
SEARCH AND RESCUE
SEARCH AND RESCUE SERVICES
SOCIAL SECURITY
STATISTICAL ANALYSIS
STORMS
SUBSIDIARY
SUPERVISORY FRAMEWORK
TECHNICAL COOPERATION
TRANSACTION COSTS
TROPICAL CYCLONES
TROPICAL STORM
TSUNAMI
TYPHOON
TYPHOONS
UNDERWRITING
URBANIZATION
VOLCANIC ERUPTIONS
VOLCANO
VOLCANOES
World Bank
Advancing Disaster Risk Financing and Insurance in ASEAN Member States : Framework and Options for Implementation, Volume 1. Main report
geographic_facet East Asia and Pacific
South Asia
description 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.
format Economic & Sector Work
author World Bank
author_facet World Bank
author_sort World Bank
title Advancing Disaster Risk Financing and Insurance in ASEAN Member States : Framework and Options for Implementation, Volume 1. Main report
title_short Advancing Disaster Risk Financing and Insurance in ASEAN Member States : Framework and Options for Implementation, Volume 1. Main report
title_full Advancing Disaster Risk Financing and Insurance in ASEAN Member States : Framework and Options for Implementation, Volume 1. Main report
title_fullStr Advancing Disaster Risk Financing and Insurance in ASEAN Member States : Framework and Options for Implementation, Volume 1. Main report
title_full_unstemmed Advancing Disaster Risk Financing and Insurance in ASEAN Member States : Framework and Options for Implementation, Volume 1. Main report
title_sort advancing disaster risk financing and insurance in asean member states : framework and options for implementation, volume 1. main report
publisher Washington, DC
publishDate 2013
url http://documents.worldbank.org/curated/en/2012/04/16541960/advancing-disaster-risk-financing-insurance-asean-member-states-framework-options-implementation-vol-1-2-main-report
http://hdl.handle.net/10986/12627
_version_ 1764421871744319488
spelling okr-10986-126272021-04-23T14:03:05Z Advancing Disaster Risk Financing and Insurance in ASEAN Member States : Framework and Options for Implementation, Volume 1. Main report World Bank ACCOUNTING ADB AGENTS AGRICULTURAL INSURANCE APPLICATIONS BROKERS BUDGET SURPLUS CAPITAL MARKETS CATASTROPHES CATASTROPHIC EVENTS CATASTROPHIC LOSSES CIVIL DEFENSE CLIMATE CHANGE CONTINGENCY PLANNING CONTINGENCY PLANS CONTINGENT LIABILITIES CONTINGENT LIABILITY CRED DAMAGE ASSESSMENT DAMAGE ASSESSMENTS DAMAGES DEBT DECLARATION DEVASTATION DEVELOPMENT NETWORK DISASTER DISASTER EVENT DISASTER EVENTS DISASTER MANAGEMENT DISASTER PREPAREDNESS DISASTER RECONSTRUCTION DISASTER REDUCTION DISASTER RELIEF DISASTER RESPONSE DISASTER RISK DISASTER RISK REDUCTION DISASTER RISKS DROUGHT DROUGHTS EARLY WARNING EARLY WARNING SYSTEMS EARTHQUAKE EARTHQUAKES EMERGENCY PLAN EMERGENCY PREPAREDNESS EMERGENCY RELIEF EMERGENCY RESPONSE ERUPTION EXTREME EVENTS FARMERS FINANCIAL INSTITUTIONS FINANCIAL MANAGEMENT FINANCIAL RISK FLOOD FLOODING FLOODS FOREST FIRE FOREST FIRES HEAVY RAINFALL HOUSING IMPACT EVENTS IMPACT OF DISASTERS INFLATION INFORMATION DISSEMINATION INSURANCE INSURANCE CONTRACTS INSURANCE COVERAGE INSURANCE INDUSTRY INSURANCE MARKETS INSURANCE PLANS INSURANCE PREMIUMS INSURANCE PRODUCTS INSURED LOSSES INSURER INSURERS INTERNATIONAL STRATEGY FOR DISASTER REDUCTION INVENTORY LANDSLIDES LOCAL GOVERNMENT LOCAL GOVERNMENTS MACROECONOMIC CONDITIONS MICROFINANCE MICROINSURANCE MINISTRIES OF FINANCE MITIGATION MITIGATION MEASURES NATURAL DISASTER NATURAL DISASTERS NATURAL HAZARDS NET LOSSES OPERATING COSTS PRIVATE CATASTROPHE INSURANCE PROGRAMS PUBLIC AGENCIES PUBLIC FINANCE RATES REGULATORY SYSTEMS REINSURANCE REINSURER REINSURERS RELIEF RELIEF OPERATIONS RESCUE RESCUE SERVICES RESERVES RESOURCE MOBILIZATION RISK ASSESSMENT RISK ASSESSMENTS RISK DIVERSIFICATION RISK EXPOSURE RISK FACTORS RISK INSURANCE RISK MANAGEMENT RISK MANAGEMENT SYSTEM RISK MITIGATION RISK PROFILES RISK TRANSFER SAFETY SAVINGS SEARCH AND RESCUE SEARCH AND RESCUE SERVICES SOCIAL SECURITY STATISTICAL ANALYSIS STORMS SUBSIDIARY SUPERVISORY FRAMEWORK TECHNICAL COOPERATION TRANSACTION COSTS TROPICAL CYCLONES TROPICAL STORM TSUNAMI TYPHOON TYPHOONS UNDERWRITING URBANIZATION VOLCANIC ERUPTIONS VOLCANO VOLCANOES 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. 2013-03-11T16:30:33Z 2013-03-11T16:30:33Z 2012-04 http://documents.worldbank.org/curated/en/2012/04/16541960/advancing-disaster-risk-financing-insurance-asean-member-states-framework-options-implementation-vol-1-2-main-report http://hdl.handle.net/10986/12627 English en_US CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank Washington, DC Economic & Sector Work Economic & Sector Work :: Other Infrastructure Study East Asia and Pacific South Asia