A01 · PROCESS · regionsGRA dossier · service level R0
GRAInsurance NexusEstablished
Regions

Regional exposures

Regional work of Insurance Nexus across the six Consortium regions, each shown with its status. The regions are Africa, Asia-Pacific, Europe and Eurasia, Latin America and the Caribbean, the Middle East and North Africa, and North America.

Publisher
The Global Risks Alliance
Field
Insurance and catastrophe, Climate and hazards, Health and biosecurity
Status
Established
Service level
R0: information and enquiries

Programme portfolio

Insurance · Regional exposures

Portfolio viewGRA · Insurance Nexus

Where the work sits

placeholder geography

Circle size: exposure value · placeholderN

Portfolio

Property bookPricing model validationBuildOn track
Coastal portfolioClimate scenario analysisTestOn track
Takaful windowUnderwriting appetite…BuildBlocked
Microinsurance schemeProtection gap studyTestOn track

Decisions waiting on owners

  1. D-1Pricing model validationSupervisor · decision record8 d
  2. D-2Climate scenario analysisSupervisor · decision record7 d
  3. D-3Underwriting appetite refreshReinsurance buyer · decision record12 d

Insurance Nexus · Programme portfolioProgramme portfolio, in outline: domain structure with placeholder names and illustrative values, not a record.

01In brief

The short answer.

The Insurance Nexus regions page maps its work on insurance and catastrophe across the six Consortium regions: Africa, Asia and the Pacific, Europe and Eurasia, Latin America and the Caribbean, the Middle East and North Africa, and North America. A regional entry appears only where a programme record supports it, with its status.

02Canvas

Scoping to review.

Canvas · scoping to reviewDesign, not a record
Regional exposures: the policy cycleA problem reaches the agenda, options are formulated and appraised, consultation tests them, the mandate holder decides, implementation and monitoring follow, and evaluation feeds the next agenda. Design of the process, not a record of a run.

Fig.A programme from scoping to the owner's decision. Design, not a record.

03Spatial finance

A parametric trigger, read on the map.

How a storm crossing a trigger zone would set a payment. Real geography; synthetic storm and design terms.

A tropical cyclone passing Jamaica, read against two ways of triggering a payment.Synthetic storm and design terms, not a policy or a price.
04Scope

Regions in Insurance Nexus.

  1. 01

    Insurance market structure

    Carriers, brokers and risk transfer roles.

  2. 02

    Underwriting and pricing risk

    Risk factors, data limits and role boundaries.

  3. 03

    Property and casualty

    Catastrophe and portfolio exposure.

  4. 04

    Health and life insurance

    Social, health and longevity risk.

  5. 05

    Claims and operational resilience

    Continuity, fraud and claims systems.

  6. 06

    Insurance protection gaps

    Underinsurance and loss transmission.

05Regional view

Protection architecture differs by region.

Schemes are named from public records. Insurance Nexus has no role in any of them.

RegionPublic or pooled layer on the recordDominant insured perils
Caribbean and Central AmericaCCRIF SPC parametric coverHurricane, earthquake, excess rainfall
PacificPCRIC parametric coverCyclone, earthquake, tsunami
AfricaAfrican Risk CapacityDrought, flood, cyclone
Southeast AsiaSEADRIFFlood
EuropeNational schemes such as Flood Re (UK) and CatNat (France)Flood, windstorm
North AmericaNFIP and state residual market plansHurricane, wildfire, flood, convective storm
06Status

Work is shown as its record stands.

Programmes are listed as exploring, forming, constituted, active, paused or archived. Country and regional entries appear when a programme record supports them.

07Key terms

Terms used on this page.

Each term as this page uses it. Where a standard-setting body defines the term, the wording follows that body.

TermDefinition
SubsidiarityThe principle that a decision is taken at the lowest level able to take it well, with a higher level acting only where the objective cannot be achieved closer to the people concerned; the Treaty on European Union states it.
Multi-level governanceShared decision-making across local, regional, national and international levels of government.
Programme statusThe recorded state of a programme on Nexus pages: exploring, forming, constituted, active, paused or archived. A plan is never presented as an activity.
08Sources

Where this page's references lead.

The bodies and documents this page is read against. Status and editions change; each link goes to the issuing body.

09Questions

Questions and answers.

How do I propose work at this level?
Write to contact@therisk.global or a regional desk. A proposal receives a reference.
Insurance Nexus

Bring your expertise to this field.

The current service level is R0: information and enquiries. An enquiry receives a reference and names the next step; applications, payments, compute allocations and registrations open only when their team, terms and review capacity exist.

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