June 2–3, 2003
World Bank Headquarters, Washington, D.C.

Organized by the World Bank

Poor and developing countries face high exposure and vulnerability to natural disasters. To serve countries that face these risks, the World Bank is pleased to announce an important new product—natural disaster insurance. The World Bank is committed to delivering this new risk transfer product to clients, and to increasing knowledge about natural disaster risk. In this context, the Bank is organizing a conference to address “Financing the Risks of Natural Disasters: A New Perspective on Country Risk Management.” The conference aims to address the management of catastrophe risk emanating from natural disasters at the country level. In particular, the conference will cover such areas of catastrophe risk management as:

• Country risk assessments;
  

• Available risk reduction and risk transfer solutions; and
  

• Institutional arrangements for national catastrophe risk management.
  

The conference will convene staff from ministries of finance who are responsible for the allocation of funds for natural disasters, national disaster fund managers, national insurers and reinsurers, international insurers and reinsurers, reinsurance brokers, and World Bank Group staff. Participants will explore risk management and mitigation techniques to reduce the losses associated with natural disasters.

Thank you for joining this initiative!

Links

Insurance Practice, World Bank Financial Sector