Catastrophe Risk and Reinsurance: A Country Risk Management Perspective

Drawing on material from a recent World Bank conference, Eugene N. Gurenko assembles some of the foremost reinsurance and risk management experts from industry and academia. The chapters thoroughly explore subjects such as country risk assessment, risk modelling, risk transfer methods and national reinsurance. - Outlines the key challenges involved in building national catastrophe insurance schemes and suggests how disaster-prone countries can manage their exposures to reduce the cost of risk by following the classical corporate risk management model - Demonstrates the importance of public-private partnerships in catastrophe risk financing by suggesting the roles of government and private risk markets - In addition to risk financing, this title uniquely covers the role of risk reduction and prevention in disaster prone countries