IADB Parametric Insurance

Published by Disaster Risk Financing on

IADB Parametric Insurance

Standardized decentralized institutional structure that provides a revolutionary solution for the most efficient transfer of insurable risks from the governments to the international financial markets. Through it, each participant country will be able to:
• Mitigate the financial impact of natural disaster events.
• Strengthen growth stability in their economies by transferring the risk to the international insurance and capital markets.
• Obtain efficient financial coverage of extraordinary public expenditures during emergencies immediately after a catastrophic disaster.

Coverage

Hurricane

Instrument type

Insurance

Eligibility

Central American countries

Intended for disaster response

Yes

Available to

Belize

Contact

For further information, please contact:

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