Tag: risk transfer
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Private-Public Paths: Reducing Debt by Offloading Large Projects and Rethinking PSV Insurance Risk
Introduction: A Strategy to Cut Debt Public finance authorities face mounting debt and stretched budgets. A proven approach to shorten the debt burden is to offload funding, development, and long-term risk from the public sector to private partners through well-structured large-project deals. This strategy, often realized through public-private partnerships (PPPs), private finance initiatives, or concession…
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Making Every Filipino Home Safe: Strengthening Disaster-Resilient Living
Introduction: A Call to Safer Homes in a Risk-Prone Nation Recent seismic activity around Davao Oriental and a spate of disasters across the Philippines underscore a critical truth: every Filipino home should be designed, built, and maintained to withstand earthquakes, floods, and other natural hazards. As the country observes International Disaster Risk Reduction Day, it…
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Make Every Filipino Home Safe and Secure from Disasters
Introduction: A Call to Safer Homes for a Resilient Nation Every Filipino home deserves protection from the growing threat of earthquakes, floods, and other natural hazards. The recent doublet earthquake in Davao Oriental, followed by record-breaking active disaster events, underscores the urgency of a comprehensive approach to disaster risk reduction. International Disaster Risk Reduction Day…
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Australia Faces Soaring Extreme Weather Losses: Why Insurance and Resilience Must Evolve
Australia’s rising climate bill: a global pattern with local consequences New data from the Insurance Council of Australia (ICA) show that Australia sits near the top of the world for per‑capita losses from extreme weather. Over the past five decades, inflation‑adjusted costs from floods, bushfires, storms and extreme cold have climbed dramatically, positioning Australia behind…