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Earthquake Risk and Earthquake Catastrophe Insurance for the People’s Republic of China

dc.contributor.authorZifa Wang
dc.contributor.authorTun Lin
dc.contributor.authorGeorge Walker
dc.description.abstractThis paper discusses historical earthquakes and earthquake risk in the People’s Republic of China (PRC) and the recent developments of its earthquake risk reduction efforts. The general principles of earthquake programs are explained and the critical issues of formulating earthquake programs in the PRC are discussed, including lessons from earthquake insurance in other countries and other catastrophe insurance in the PRC, data issues, loss risk modeling issues, financial risk modeling issues, legislative issues, and public awareness issues. The paper concludes with policy suggestions for the Asian Development Bank in the PRC.
dc.publisherAsian Development Bank
dc.rightsCC BY 3.0 IGO
dc.titleEarthquake Risk and Earthquake Catastrophe Insurance for the People’s Republic of China
dc.typeWorking Papers
dc.subject.expertProject Evaluation & Review Technique
dc.subject.expertEvaluation Strategies
dc.subject.expertEvaluation Criteria
dc.subject.expertImpact Evaluation
dc.subject.expertRisk Financing
dc.subject.expertInfrastructure Financing
dc.subject.expertFinancial Risk Management
dc.subject.expertFinancial Crisis
dc.subject.adbEnvironmental impact assessment
dc.subject.adbNeeds assessment
dc.subject.adbCost benefit analysis
dc.subject.adbCapital Needs
dc.subject.adbInsurance Companies
dc.subject.adbFinancial Emergency
dc.subject.adbProject Risks
dc.subject.adbDevelopment Banks
dc.subject.naturalEcological risk assessment
dc.subject.naturalEnvironmental impact statements
dc.subject.naturalCumulative effects assessment
dc.subject.naturalEnvironmental impact analysis
dc.subject.naturalRisk assessment
dc.subject.naturalCountry finance
dc.subject.naturalCatastrophe bonds
dc.title.seriesADB Sustainable Development Working Paper Series
dc.title.volumeNo. 7
dc.contributor.imprintAsian Development Bank
oar.adminregionEast Asia Region
oar.countryChina, People’s Republic of
oar.countryHong Kong, China
oar.countryChina, People’s Republic of
oar.countryRepublic of Korea
oar.authorWang, Zifa
oar.authorLin, Tun
oar.authorWalker, George

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  • Sustainable Development Working Paper Series
    The Asian Development Bank Sustainable Development Working Paper Series highlights successful projects and good practices to promote quality, knowledge, and innovation for sustainable development. The series is a quick-disseminating, informal publication that seeks to provide information, generate discussion, and elicit comments.

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