A Primer on Financial Risk from Natural Disasters: The Case for Public-Private Collaboration

Economic recovery from natural disasters relies upon effective and timely collaboration between governments and the private sector.

This paper provides a primer on the private disaster risk market and is designed to provide government officials with an understanding of how the private market functions in this area.

Furthermore, it illustrates how a public-private partnership – built on the strengths of both the government and the private insurance industry – would reduce the economic and fiscal costs of disasters and it the only viable long-term solution to help Canadians recover financially from a significant catastrophe.


A Primer in Financial Risk from Natural Disasters: The Case for Public-Private Collaboration