Financial Protection for Public Assets¶
World Bank. (2023). Financial Protection for Public Assets: A Practitioner's Guide.
Cited by¶
1 citation across 1 artifact.
Each citation links to the sentence it supports in the citing article.
Mechanisms¶
- Catastrophe Bond or Parametric Cover
- Because the payout keys to a parameter, not to the pool's actual loss, a quake just outside the trigger radius or a storm that devastates while measuring one notch below threshold can leave the pool with a total loss and no payout — while a technically-qualifying event that caused little damage pays out fully.
This sourceExplains that parametric insurance and catastrophe-bond payouts are tied to triggering events or indices rather than actual loss.
- Because the payout keys to a parameter, not to the pool's actual loss, a quake just outside the trigger radius or a storm that devastates while measuring one notch below threshold can leave the pool with a total loss and no payout — while a technically-qualifying event that caused little damage pays out fully.
Verification¶
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Does it back the claim? Not recorded. The single citation of this work carries no recorded support check.
Support is checked per citation rather than per work — the same source can be cited soundly in one article and wrongly in another. Per-citation recording began recently, so a citation with no recorded check is a gap in the record rather than evidence it went unchecked.
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Registry ID ref:1f319ec70b35 · see in the full table