Fiscal Disaster Risk Assessment and Risk Financing Options

The objective of the report is to raise awareness of the fiscal impacts that natural disasters have on the budget of the Government of Sri Lanka. It is envisioned to be used as a planning tool for the potential development of a comprehensive disaster risk financing and insurance strategy that would equip the Ministry of Finance with additional instruments to manage the contingent liability posed by disasters. Its recommendations are a starting point for a collaborative discussion with the government on the potential development of a broad program.

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Bibliographic Details
Main Author: World Bank Group
Format: Working Paper biblioteca
Language:English
en_US
Published: World Bank, Washington, DC 2016-06-01
Subjects:ALLIANCE, FLOODING, TERRORISM, CATASTROPHIC EVENTS, DISASTER REHABILITATION, RISKS, STORM, DISASTER RECOVERY, RELIEF OPERATION, RISK REDUCTION, MEDICAL ASSISTANCE, CLAIMS ASSESSMENTS, INFORMATION SYSTEM, OIL SPILLS, LIFE INSURANCE, TERRORIST, STORMS, THUNDERSTORMS, RETROCESSIONAIRE, INSURER, PROGRAMS, CATASTROPHE COVERAGE, INFORMATION, NATURAL CATASTROPHES, WELFARE, RECOVERY OPERATIONS, RELIEF ASSISTANCE, DISASTER, PRIVATE INSURANCE, DAMAGES, EMERGENCY ASSISTANCE, DISASTER PREVENTION, SOCIAL ASSISTANCE, BENEFICIARIES, INFORMATION SYSTEMS, INFLATION, DISASTER EVENTS, EARTHQUAKES, HURRICANES, TSUNAMIS, INSURANCE COMPANY, ASSURANCE, ACCIDENT, CATASTROPHIC EVENT, DISASTER RELIEF, REINSURERS, SAVINGS, RIOT, HAIL STORM, TSUNAMI, RELIEF, KITCHEN UTENSILS, NATURAL DISASTER, FLOODS, UTENSILS, PUBLIC SAFETY, NATURAL HAZARD, NATURAL DISASTERS, VOLCANIC ERUPTIONS, RATES, DISASTERS, INSURERS, EMERGENCY RESPONSE, FIRE, FARMERS, LANDSLIDES, LEGAL FRAMEWORK, BROKERS, CONTINGENT LIABILITY, BANKS, TECHNOLOGY, REINSURANCE, DROUGHTS, EMERGENCY OPERATION, EMERGENCY, EARTHQUAKE, MOTOR INSURANCE, FOOD SECURITY, DISASTER REDUCTION, DISASTER RISK, CLIMATE CHANGE, GENERAL INSURANCE, DROUGHT, NON-LIFE INSURANCE, LOSSES, BANK, APPLICATIONS, CREDIT, EXTREME EVENTS, AGRICULTURAL INSURANCE, MICROINSURANCE, DECLARATION, VICTIMS, RISK EXPOSURE, DAMAGE, NATURAL CATASTROPHE, IMPACT OF DISASTERS, INSURANCE INDUSTRY, TROPICAL STORMS, DISASTER INSURANCE, RELIEF OPERATIONS, DISASTER MANAGEMENT, INSURANCE PREMIUM, FOREST FIRE, FLOOD, REGULATION, NONGOVERNMENTAL ORGANIZATION, REGULATION OF INSURANCE, ERUPTION, INSURANCE BROKERS, INSURANCE, INSURANCE PREMIUMS, LOSS, CATASTROPHE FUND, TIDAL WAVES, LANDSLIDE, RISK INSURANCE, WAR, HURRICANE, RELIEF SUPPLIES, RISK, INDEMNITY, MITIGATION, TROPICAL CYCLONES, DISASTER RISKS, DISASTER RISK REDUCTION, CONTINGENCY PLANNING, RISK MANAGEMENT, VOLCANIC ERUPTION, CIVIL WAR, FINANCIAL RISK, INSURANCE COMPANIES, CASUALTY, DAMAGED HOUSE, SAFETY, FIRE INSURANCE, COVERAGE, ERUPTIONS, NATURAL HAZARDS, RELIEF EFFORTS, RISK ASSESSMENT, REINSURER, TORNADO, RISK ANALYSIS,
Online Access:http://documents.worldbank.org/curated/en/2016/06/26538641/fiscal-disaster-risk-assessment-risk-financing-options
https://hdl.handle.net/10986/24689
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