Philippine City Disaster Insurance Pool

Event: Strengthening the Enabling Environment for Disaster Risk Financing

Philippine City Disaster Insurance Pool

26 September 2018

Author / Speaker:

Benita Ainabe, ADB - Other materials by the author

This presentation shares details about the Philippine City Disaster Insurance Pool (PCDIP), a project which aims to provide seed capital to a pooled insurance company from which cities purchase parametric insurance. It was piloted in ten cities in the Philippines, one of the world's most disaster-prone countries. PCDIP aims to complement existing disaster risk reduction finance institution to enable more cities to become financially prepared for any calamity.

Geographical Focus:

Philippines

Type of Content:

Learning Event

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