TY  - BOOK
TI  - Natural catastrophe risk insurance mechanisms for Asia and the Pacific: main report
SN  - 9789715617994
U1  - 338.950 
PY  - 2009///
CY  - Philippines
PB  - Asian Devlopment Bank
KW  - Risk management.      	
KW  - Natural disasters
KW  - Disaster insurance -- Risk management -- Pacific Area.
KW  - Disaster relief -- Risk management -- Asia.
N1  - 4-5 November 2008, Tokyo, Japan, Conference supported by the Asian Development Bank and the Ministry of Finance, Government of Japan;  	
Cover; 
Contents; 
Executive Summary; 
Background and Credits; 
Glossary of Terms; 
Acronyms and Abbreviations; 
Overview;
   Historical Background; 
   Opportunities to Use Catastrophe Risk Finance and How ADB Could Best Facilitate the Process;


Fundamental Issues of Catastrophe Risk Finance in Asia and the Pacific; 
Overview; Leveraging Insurance and Capital Markets Against Natural Catastrophes; 
Are There Deficiencies in the Commercial Insurance Market's Coverage of the Asia and Pacific Catastrophe Risk and Does Risk Pooling Bridge the Gap? 
Building Blocks of Catastrophe Insurance: Catastrophe Risk Models-Their Purpose and Importance
Catastrophe Insurance Triggers: What is the Best Fit for Asia and the Pacific? 
Why Does it Matter? 
What Initiates a Payment Under a Catastrophe Risk Insurance Policy?;


Applications of Catastrophe Risk Transfer Mechanisms in Asia and the Pacific; 
Creating a Viable Risk Pool for the Pacific; 
Overview; 
Opening Addresses; 
The Caribbean Catastrophe Risk Insurance Facility; 
Pacific Catastrophe Risk Financing Initiatives; 
Options for Catastrophe Risk Transfer in the Pacific Region. 

Applications of Catastrophe Risk Transfer Mechanisms in Asia and the Pacific
Catastrophe Insurance for Megacities; 
Objectives;
Background: Megacity Growth Introduces Disaster Risks that Merit Special Attention; 
Overview: Tailoring Solutions for Each Megacity's Situation and Priorities; 


Areas for Consideration; 
Framework Statement; 
Recommendations; 

Appendixes; 
Appendix I: List of Conference Papers; 
Appendix II: Conference Report Summaries; 


List of Figures; 
Figure 1: Strengths and Weaknesses of the Public and Private Sector in Catastrophe Risk Management; 
Figure 2: Example of a Risk Pool. 
Figure 3: Trend in Annual Reports of Natural Disasters in the Pacific Islands
Figure 4: Munich Re's Megacity Risk Index; 
Figure 5: Megacity Contribution to National GDP in Asia in 2005 and Projected for 2020; 

List of Boxes;
 Box 1: Report Highlight: Disaster Risk Management Principles; 
Box 2: Report Highlight: The Hyogo Framework for Action;
 Box 3: Report Highlight: Insurance-Linked Financial Products; 
Box 4: Report Highlight: Credit Crisis Update; 
Box 5: Report Highlight: Insured Catastrophe Losses in 2008

ER  -