Colombia : Implementing a Collective, Standardized Approach to Catastrophe Insurance of Public Buildings
The World Bank has been assisting the Government of Colombia (GoC) since 2012 in the preparation and implementation of an integrated Disaster Risk Financing and Insurance (DRFI) strategy. One component of DRFI strategy seeks to mitigate the fiscal...
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| Format: | Brief |
| Language: | English en_US |
| Published: |
Washington, DC
2015
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| Online Access: | http://documents.worldbank.org/curated/en/2015/07/24773648/colombia-implementing-collective-standardized-approach-catastrophe-insurance-public-buildings http://hdl.handle.net/10986/22416 |
| Summary: | The World Bank has been assisting the
Government of Colombia (GoC) since 2012 in the preparation
and implementation of an integrated Disaster Risk Financing
and Insurance (DRFI) strategy. One component of DRFI
strategy seeks to mitigate the fiscal impact of
disaster-related losses from damage to public buildings, by
increasing insurance coverage. The World Bank has worked
with the GoC to design and implement a collective,
standardized approach to insurance requirements of public
buildings and their contents. This approach will help ensure
standard, tailored, insurance coverage for government
buildings. A pilot program will be implemented covering
twenty-two central government entities. |
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