A recent paper authored by Kensuke Molnar-Tanaka, OECD Development Centre and Yang-Che Wu, Feng Chia University explores how the issuance of multi-country catastrophe bonds can enhance disaster cost management in Southeast Asia.
The study, titled “Disaster risk-sharing pools and multi-country catastrophe bonds in Southeast Asia” highlights how many countries across Southeast Asia are prone to disasters and the need to strengthen resilience is growing amidst the increasing frequency and intensity of disasters.
However, general discussions around the issuance of multi-country cat bonds remains limited in the region, despite the frequency of disasters increasing in the region.
FULL ORIGINAL PUBLICATION HERE