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grf2014-global_reinsurance-strengthening_disaster_risk_resilience.pdf
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🔗 Source: transre.com
📊 Size: 6.39 MB
📄 Pages: 34 pages
⬇️ Downloads: 121

Summary

Global reinsurance strengthens disaster risk resilience by providing a mechanism to compensate insured parties for losses, using premiums paid beforehand. Reinsurers pool risks and capital globally, gaining benefits of diversification, and offer expertise in risk prevention, absorbing disaster shocks, and providing predictable financial relief. The Global Reinsurance Forum members have extensive experience in assessing and managing risks, creating tailor-made risk transfer solutions, and scanning for emerging and future risks. Effective regulation and supervision are critical to ensuring the reinsurance market works effectively, and public-private partnerships can extend the boundaries of insurability and develop innovative solutions to close the gap between economic and insured losses.

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Description

Global reinsurance strengthens disaster risk resilience by providing a mechanism to compensate insured parties for losses, using premiums paid beforehand.

Technical Information

  • File Format: PDF
  • File Size: 6.39 MB
  • Pages: 34
  • Language: EN
  • Total Downloads: 121
  • Last Updated: 2 hours ago

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