Management of catasrophic risks using pooled insurance structures and alternative financing & risk transfer mechanisms : the reinsurance market and the case of the Caribbean region
- [S.l.] [s.n.] 2000
- 78 p.
Bibliography: p.77-78. Located in the Office of the Secretary-General
Concludes that the risk management options examined can lead to real benefits to all participants in the insurance markets. Notes that some minimum pre-conditions such as: a sound and strong insurance regulatory framework; enforcement of prudent risk managment practices; objective and verifiable criteria for measuring and recording losses; and, implemenation and enforcement of protective structural measure and construction codes; are essential for assuring the integrity of any participatory insurance scheme.