How natural disasters are paid for makes a big difference to the total economic cost. Countries receive countless financial protection proposals from reinsurers and banks, but often lack the technical expertise and tools to evaluate their options. This new framework helps assess potential financial protection strategies and can guide governments in choosing an appropriate low-cost approach for protection against disasters: http://wrld.bg/nPt2305iZ5Q
Pay Now or Pay Later? Making Financial Sense of Disasters
How natural disasters are paid for makes a big difference to the total economic cost. Recent research by The World Bank Group has made task of choosing between financial protection proposals from reinsurers and banks a little easier.
