The Global Risks Alliance (GRA)
The questions a programme in insurance Nexus should be able to answer before a competent institution reviews it.
Reader questions and… · Programme year 1
owner · stage · status
| Protection gap study | Claims director | Build | M2 · week 23 | At risk |
| Pricing model validation | Supervisor | Test | M3 · week 17 | On track |
| Underwriting appetite refresh | Claims director | Review | M7 · week 20 | Blocked |
| Takaful governance review | Appointed actuary | Scoping | M8 · week 33 | Blocked |
| Climate scenario analysis | Chief underwriting officer | Review | M3 · week 25 | At risk |
person-weeks
Insurance Nexus · Workstream trackerWorkstream tracker, in outline: domain structure with placeholder names and illustrative values, not a record.
The Insurance Nexus readiness checklist is a working aid of seven questions a programme should answer before a competent institution reviews it: purpose, evidence, ownership, governance, data, risks and monitoring. It is not a standard; reviewers apply their own rules, and decision holders such as insurance supervisors keep their authority.
Fig.A programme from scoping to the owner's decision. Design, not a record.
For reader questions and safeguards, in GRA's spatial-finance reading, the map opens on population density, night lights and flood water with built-up and settlement extent from NASA GIBS, framed on the Gulf of Mexico coast; every other NASA layer, live feed and forecast waits in the layer list.
The interactive map needs JavaScript; the layer list and sources are below.
Layers 3
Hazards and exposure, for this page
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NASA GIBS / EOSDIS · ASTER GDEM (METI, NASA) · Blue Marble (NASA) · © OpenStreetMap contributors (ODbL) · Natural Earth
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Drag to move. Ctrl or ⌘ and scroll, pinch or the buttons to zoom; hover for the values under the pointer; reset returns to the region.
For reader questions and safeguards, in GRA's spatial-finance reading, the map opens on population density, night lights and flood water with built-up and settlement extent from NASA GIBS, framed on the Gulf of Mexico coast; every other NASA layer, live feed and forecast waits in the layer list.Satellite and model products as NASA publishes them, each with its own date; indicators, not assessments of any place; claim ceiling INTEGRATED.
Layers and dates
What problem does the programme address, and for whom?
What hazard, exposure and vulnerability evidence supports it, with what uncertainty?
Who owns the programme and answers for it?
How are decisions taken, recorded and challenged?
Which data is used, on what terms, and how is it protected?
What could go wrong, and how is it managed?
How will results be measured and reported?
Open Exposure Data, the format used with the Oasis framework, is one public schema for these fields.
| Field group | Examples | Why |
|---|---|---|
| Location | Coordinates or address, geocoding precision code | Coarse geocoding can move a property across a flood zone boundary |
| Primary modifiers | Construction class, occupancy, year built, number of storeys | Select the vulnerability curve |
| Secondary modifiers | Roof type, first-floor height, flood defences | Shift damage for a given hazard intensity |
| Values | Buildings, contents and business interruption, with valuation basis | Total insured value drives loss |
| Policy terms | Deductibles, limits, coinsurance | Turn ground-up loss into insured loss |
Each term as this page uses it. Where a standard-setting body defines the term, the wording follows that body.
| Term | Definition |
|---|---|
| Due diligence | The independent investigation a lender or investor carries out before committing finance. |
| Risk owner | The person or entity with the accountability and authority to manage a risk. |
| Data lineage | A record of where data came from and how it was transformed before use. |
| Theory of change | A stated chain of causes from a programme's activities to its intended outcomes, used to plan evaluation. |
The bodies and documents this page is read against. Status and editions change; each link goes to the issuing body.
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.