The Enabling Environment for Disaster Risk Financing in Sri Lanka
Country Diagnostics Assessment
Asian Development Bank (Publisher)
Published on 1. February 2019
66 pages
978-92-9261-509-3 (ISBN)
Description
This country diagnostic assessment seeks to strengthen financial preparedness for disasters in Sri Lanka, focusing on insurance and other risk transfer instruments. It explores the current application of disaster risk financing solutions by the government, businesses, and individual households; related demand and supply constraints; and opportunities for improvement. The assessment forms one of a series of country diagnostics undertaken using a common methodology to determine the state of the enabling environment for disaster risk financing.
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Asian Development Bank
The Enabling Environment for Disaster Risk Financing in Sri Lanka
Country Diagnostics Assessment
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04/2019
Asian Development Bank
€42.26
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Content
- Cover
- Title
- Copyright
- Contents
- Tables, Figures, and Boxes
- Acknowledgments
- Currency Equivalent
- Abbreviations
- Executive Summary
- 1. Introduction
- 1.1 Background
- 1.2 Risk Layering Approach
- 1.3 Country Diagnostics Methodology
- 2. The Public Sector Disaster Risk Financing Landscape
- 2.1 Landscape Overview
- 2.2 Diagnostic and Recommended Actions
- 3. Diagnostic on the Current Availability and Use of Insurance, Reinsurance, and Capital Market Solutions for Disaster Risk Financing
- 3.1 Government Policy
- 3.2 Credibility of the Private Sector Offering Risk Transfer Solutions
- 3.3 Product Availability and Affordability
- 3.4 Social Protection
- 4. The Rating Summary and Recommended Main Actions
- 4.1 Gaps in, and Recommendations for, Government Policy
- 4.2 Gaps in, and Recommendations for, Credibility in the Insurance Sector and the Capital Markets
- 4.3 Gaps in, and Recommendations for, Products
- 4.4 Gaps in, and Recommendations for, Social Protection
- 4.5 Gaps in, and Recommendations for, Economic and Other Preconditions
- 4.6 Gaps in, and Recommendations for, Unlicensed Competition
- APPENDIX: Key Learnings from International Experience in Agricultural Insurance
- References
