The OECD project on cyber risk insurance has been launched to better understand cyber risk and insurance, and how cyber security and financial protection against losses from cyber attacks could be improved as the market develops.
The OECD invited public comment on an update of the Recommendation of the Council on Disaster Risk Financing Strategies between 15 January-15 April 2016. The consultation is now closed.
This report analyses insurance market statistics collected by the OECD to monitor the insurance industry’s overall performance and health. It covers all OECD countries plus selected Asian, African and Latin American countries.
The OECD has been collecting and analysing official insurance statistics since the early 1980’s. In response to the financial crisis in 2008, the OECD has been expanding the scope of its Global Insurance Statistics exercise in order to extend its global reach.
Disasters present a broad range of human, social, financial, economic and environmental impacts, with potentially long-lasting, multi-generational effects. The financial management of these impacts is a key challenge for individuals and governments in developed and developing countries. The OECD supports the development of strategies for the financial management of natural and man-made disaster risks.
This event explored the potential contribution of the (re)insurance sector to climate change mitigation and adaptation, including: the role of the insurance sector in a climate change agreement; managing the financial risks of extreme events in a changing climate; investing in the transition to a low-carbon economy; and the role of regulators in addressing climate change risks.
The publication provides an overview of the disaster risk assessment and financing practices of a broad range of economies relative to guidance elaborated in G20/OECD Framework for Disaster Risk Assessment and Risk Financing. The publications is based on survey responses provided by 29 economies, as well as research undertaken by the OECD and other international organisations, and provides a global overview of the approaches that economies facing various levels of disaster risk and economic development have taken to managing the financial impacts of natural and man-made catastrophes.
English, PDF, 82kb
29 October 2015, Paris - Resilient cities and SMEs are critical to reducing the economic disruption from climate-related disaster events. In the run up to COP21, these remarks by Adrian Blundell-Wignall at the AXA-UNEP-PSI Conference on Climate Resilience address the importance of building resilience to climate change risks at the level of cities and SMEs.
OECD working papers on finance, insurance and private pensions address such policy issues as risk management, governance, types of investments, benefit protection and financial education.
17-18 September 2015, Kuala Lumpur: Discussions at this global seminar covered key issues related to fiscal management of disaster risks and the development of insurance and other financial tools to provide financial protection against disaster risks.