Could disaster insurance be the future of aid? Anna Warwick summarises the debate on the role of insurance to build resilience in disaster prone areas. From one of the sessions which took place at the Oxfam hosted Resilient Solutions symposium. Theresa May recently stated that disaster insurance programmes were the ‘future of aid.’ After seeing the panel on Weather Insurance …
Climate insurance: closing the protection or the resilience gap?
Does climate insurance work as a catalyst for climate risk management and sustainable development? Or is insurance deflecting attention from other disaster risk management solutions? Swenja Surminski, Senior Research Fellow at the London School for Economics, argues there is no simple answer. Risks are rising and there is low usage of insurance The devastating impacts of natural disasters are seen …