Catastrophe Insurance Programs for Public Assets - Operational Framework

For countries that are Asia-Pacific Economic Cooperation (APEC) members, an insurance scheme for public assets is one way to minimize the impact of disasters that pose a threat to their economies. This report synthesizes peer-to-peer learning among APEC economies and draws on lessons from APEC countries (Australia, Japan, Mexico, and New Zealand) and beyond (Colombia and United Kingdom) to offer practical guidance to finance officials about the design and implementation of catastrophe risk insurance programs for public assets.