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


A Primer in 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 

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