Insurance

The (re-)insurance industry has a critical role to play in DRR. With risk at the core of its business, the industry has an opportunity to lead both from an insurance/lability side as well as asset management to change the current single hazard, short-term business approach of the sector and encourage risk-informed business management strategies and practice.

Latest on insurance from the private sector

Active
Development of smartphone apps (1) cmap.dev for realtime estimates of building damage/rates by LG unit, for typhoons, heavy rains, and earthquakes, (2) risk management app that suggest prevention tips, and guides evacuation during disasters.
ARISE National Network in Egypt
Update
The United Nations Office for Disaster Risk Reduction, Regional Office for Arab States launched the ARISE Egypt National Network, which is the second National ARISE network to be developed in the Arab Region.
United Nations Office for Disaster Risk Reduction - Regional Office for Arab States
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Documents and publications
Tools
In November 2019, the International Cooperative and Mutual Insurance Federation (ICMIF) and the United Nations Office for Disaster Risk Reduction (UNDRR) began a multi-year collaboration to help address the urgent challenge of reducing disaster risks.
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Update
This report marks one year of COVID-19 pandemic and demonstrates now, more than ever the increased relevance of ARISE.
UNDRR Private Sector Alliance for Disaster Resilient Societies (ARISE)
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Documents and publications
Annual Report
ARISE Annual Report 2019 highlights key events, latest news and achievements of the ARISE Networks in 2019-2020
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Documents and publications
Good Practice
This position paper describes the five private sector visions for a resilient future that the DRR-PSP foresees as long-term goals to drive risk-sensitive and resilient business practices globally and across sectors.
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Documents and publications
Good Practice
When a natural hazard threatens a nation, public facilities and private businesses alike have to protect their assets, their workforce, and their supply and distribution chains in order for society and the economy to keep functioning.
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Documents and publications
Good Practice
This publication contains 14 good practices and case studies that have been compiled by the Private Sector Advisory Group of the United Nations Office for Disaster Risk Reduction (UNDRR).
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Documents and publications
Good Practice
This document presents a selection of fourteen case studies focusing on good practices and lessons learned by the private sector in relation to the Great East Japan Earthquake of 11 March 2011.
Update
The first meeting of the new ARISE Board, elected by ARISE members in July 2020 for a three-year period, took place on 19 October 2020.
UNDRR Private Sector Alliance for Disaster Resilient Societies (ARISE)

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