World Bank Group: FINANCIAL SOLUTIONS for Catastrophe Risk Management

Catastrophe Insurance Pools. Advisory services to help countries establish national catastrophe insurance pools such as the Turkish Catastrophe Insurance Pool, which offers efficiently priced earthquake insurance to more than million homeowners. A similar pool is planned in Romania. The World Bank Group is also supporting the creation of a regional catastrophe reinsurance pool for South-East European countries. Index-Based Agricultural Insurance. Index- based insurance programs to protect private sector participants such as farmers and rural financial institutions against extreme weather. The National Agricultural Insurance Scheme (covering more than 20 million farmers) and the Weather- Based Crop Insurance Scheme (covering more than 600,000.

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