全球智库信息集成服务系统

Insurance thus far has not gained its deserving attention as an effective post-disaster recovery tool though the actual role of insurance is always after the disaster. Several bottlenecks that hinder the efficiency and efficacy of insurance for long-term recovery are discussed including improper insurance price signals, contract design aspects and institutional aspects. Several solutions for realizing the role of insurance were discussed that include combining insurance with reconstruction programs, innovative insurance design with multi-hazard focus, strengthening monitoring and evaluation systems and providing appropriate price signals by combining risk mitigation with insurance approaches.