Before the impact

Recurso electrónico / Electronic resource
Collection: Articles
Title: Before the impact / Jerry Skees, Alin RaduAuthor: Skees, Jerry
Notes: Sumario: Extreme weather and catastrophic events disproportionately impact the poor. More than 90% of the extremely poor live in politically fragile and environmentally vulnerable countries, and 94% of economic losses from natural catastrophes in low and middle-income countries between 1990 and 2016 were uninsured, so there is clear evidence of a protection gap for disaster risk. Innovation in disaster risk financing products will prove important in addressing that gap. Global Parametrics is developing index-based (or parametric) financing products that trigger a decision, financial in this case, based on crossing a predefined threshold that captures extreme weather or catastrophicRelated records: En: The Actuary : the magazine of the Institute & Faculty of Actuaries. - London : Redactive Publishing, 2019-. - 01/04/2020 Número 3 - abril 2020 , p. 38-39Materia / lugar / evento: Seguros paramétricos Empresas de seguros Condiciones climáticas ambientales Protección de la naturaleza Seguro de riesgos extraordinarios Desastres naturales Pobreza Otros autores: Radu, Alin
Other categories: 328
See issue detail