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Phys.org: Disaster insurance can be more effective for those in need if countries work with, rather than avoid, tensions

12 Oct 2021
Resolving the inevitable tensions between countries in disaster-insurance risk pools will ensure a faster and more effective response to extreme-weather catastrophes.

Originally found at Phys.org by Luke Lambert

Resolving the inevitable tensions between countries in disaster-insurance risk pools will ensure a faster and more effective response to extreme-weather catastrophes.

The report finds that disaster-liquidity insurance—which provides a rapid release of capital from global reinsurance to support countries in responding to disaster—can be better tailored to countries' needs when they actively engage with the inevitable tensions that arise from pooling risk.


Continue reading the original article at  Phys.org

Read the original research in Academy of Management Journal

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