Lloyd’s identifies finance tools for disaster protection

By Jasper Cox
25 Oct 2018

Lloyd’s of London has identified several financial instruments that could boost investment in resilience against disaster. The solutions incorporate features of loans, bonds, catastrophe bonds and securitization.

Global economic losses from disasters are rising as a result of greater wealth, hazard exposure and climate change, Lloyd’s believes. Developing countries suffer disproportionately, in part because they are underinsured, but also because their infrastructure is badly designed, constructed and maintained.

But investing in what is termed resilience ...

Already a subscriber?

Continue reading this article

Try full access to GlobalCapital

Free trial