Between state and market : protection gap entities and catastrophic risk

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      <subfield code="a">The social and economic resilience of a country, and its political stability, are dependent on the ability to recover from disasters. In the short-term, immediate post-crisis financial response is critical. Failure to provide a rapid injection of capital in response to disaster puts lives at risk. In Puerto Rico, the death toll of Hurricane Maria rose above 4,000, with one-third of the deaths being caused by delayed or interrupted medical care. In the longer-term, reconstruction of housing, infrastructure and businesses after a disaster is essential for recovery. Bridging the protection gap provides one way to underpin such financial recovery. </subfield>
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