GRA · Insurance Nexus
Spatial financeWhere capital meets hazard, exposure and transition
Research and industry programmes
Insurance Consortium programmes are organised at three levels because protection is organised at three levels: global reinsurance and standard setting, regional risk pools and supervisory practice, and national markets, schemes and public budgets. Each level has its own evidence owners and its own decision holders, and none of them is the Global Risks Alliance (GRA).
The workspace for research and industry programmes.
Programme board
Insurer Alpha · Research and industry · Cycle 1 of 4 · Example interface, not a record
- Workstreams active9Active
- Milestones due this quarter3Watch
- Decisions pending with owners3Watch
- Open risks11
Workstreams
by stage
Gates
- Requestowner named
- Scoping noteboundary
- Qualifiedinputs
- BuildFoundry
- Testcontrolled
- Publishwith limits
- Decisionauthority
Insurance Nexus · Programme board. Programme board: example names and illustrative values, not a record.
Three levels of work.
What each level examines.
| Level | Questions | Evidence owners |
|---|---|---|
| Global | How reinsurance capacity, retrocession and insurance-linked securities move after a loss year; how the Insurance Capital Standard and climate expectations are applied | IAIS, reinsurance market statistics in the public domain, catastrophe bond disclosures |
| Regional | How sovereign pools such as CCRIF SPC, PCRIC, African Risk Capacity and SEADRIF design triggers and premiums; how supervisors in a region apply climate scenarios | Pool documentation, regional supervisory bodies, multilateral programmes |
| National | Market depth by line, residual market and public scheme exposure, post-event claims records, fiscal exposure to uninsured loss | Insurance supervisors, ministries of finance, statistics offices |
How the process runs.
Process explorer · Process
Research and industry programmes: Policy question to decision
9 steps·5 stages·1 gate
Process
Research and industry programmes: Policy question to decision
A priority becomes a question, evidence, a decision case and a limited publication; the competent authority decides, never the programme.
01 Question
- 01A priority becomes a questionStep · Universe; national counterpartsA priority becomes a researchable question with stated criteria. National counterparts own the agenda, data and decisions.
- 03Scientific and stakeholder challengeStep · the Global Centre for Risk and Innovation (GCRI); the Global Risks Forum (GRF)Scientific and affected-stakeholder challenge informs mission selection and methods.
02 Evidence and options
- 04Assemble the evidenceStep · GCRIMethods, labelled data and uncertainty are assembled. Every finding carries one of nine evidence labels.
- 06Decision case with optionsRecord · The decision owner named in the caseA decision case binds owner, alternatives, evidence and deadline. It needs sensitivity and robustness.
03 Review and publication
- 07G6 · Publication authorisedGate · The Global Risks ForumGRF authorises publication of results that have passed scientific and editorial review. It cannot publish personal data.
- 08Publish with method, uncertainty and limitsRecord · ReportsFindings are published with their method, uncertainty and limits. An edition is published after review, not to a calendar.
04 Outside the programme
- 02Competent authority decidesDecision · The competent authorityThe authority or institution decides under its own rules. The authority decides; the programme informs.
- 05Action and implementation stay with the ownersActor · The relevant government, operator or licensed institutionDecisions and execution stay with the relevant government, operator or licensed institution. The programme records one only if shared.
05 Learning
- 09Corrections and lessons feed the next agendaStep · UniverseCorrections and lessons feed the next annual agenda. The findings of one year set the mandate of the next.
The Nexus cycle · Decision rights · The programme yearDesigned programme process, not a record of operation. No cycle has run and every programme is at service level R0. A gate is a programme decision, never a public-authority approval, certification or deployment authorisation.
A programme starts with an owner’s question.
Programme work begins when a ministry, supervisor, pool or national consortium asks a question it owns, for example which perils drive uninsured loss in its housing stock. Insurance Nexus then frames the evidence and the diligence questions. Country contexts sit under country readiness contexts; regional architecture under regional exposures. Programme enquiries reach the Consortium Secretariat; an enquiry is not a programme.
Every programme shows where it stands.
A programme is shown as exploring, forming, constituted, active, paused or archived, according to its record. A plan is never presented as an activity.
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.
- IAIS Insurance Core Principles and ComFrame, including the Insurance Capital Standard (adopted December 2024)
- CCRIF SPC parametric policy documentation
- World Bank Disaster Risk Financing and Insurance Program: risk layering and instrument guidance
- IDA Crisis Response Window and Global Shield against Climate Risks
Pages in Research and industry programmes.
Questions and answers.
How does a country take part?
Bring an exposure or capital question to the Alliance.
Information and enquiries are open today. 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.
Legal documents.
Maps, data and figures on this site are shown for context and general information. They are not advice, forecasts or warnings; the limits of the information are set out in the Disclaimers and Data Notices.