High-level panel calls for tenfold increase in pre-arranged disaster insurance market

By Rebecca Delaney

Published: Thu 30 Jan 2025

A new high-level panel has called for a "transformation" in the level of effort dedicated to transferring risks from public balance sheets to the capital markets, with a tenfold increase in the pre-agreed disaster insurance market needed by 2035 to adequately address the widening crisis protection gap.