Nikolas Scherer is an advisor at the German Red Cross. Before joining the Red Cross, he was Project Manager at Adelphi, a climate and development policy think tank in Berlin, and research associate at the Hertie School of Governance, Germany. His research interests are disaster risk financing, anticipatory humanitarian action, disaster risk management and climate change adaptation. Scherer holds a PhD in governance from the Hertie School of Governance and a Master’s degree in international relations from the University of Warwick, UK.

• 1. Introduction 2. Understanding Insurance 3. The Caribbean Catastrophe Risk Insurance Facility (CCRIF) 4. The African Risk Capacity (ARC) 5. The Pacific Catastrophe Risk Insurance Pilot (PCRAFI Pilot) 6. CCRIF, ARC and the PCRAFI Pilot in Comparative Perspective 7. Conclusion and Implications

Nikolas Scherer is an advisor at the German Red Cross. Before joining the Red Cross, he was Project Manager at Adelphi, a climate and development policy think tank in Berlin, and research associate at the Hertie School of Governance, Germany. His research interests are disaster risk financing, anticipatory humanitarian action, disaster risk management and climate change adaptation. Scherer holds a PhD in governance from the Hertie School of Governance and a Master’s degree in international relations from the University of Warwick, UK.

• 1. Introduction 2. Understanding Insurance 3. The Caribbean Catastrophe Risk Insurance Facility (CCRIF) 4. The African Risk Capacity (ARC) 5. The Pacific Catastrophe Risk Insurance Pilot (PCRAFI Pilot) 6. CCRIF, ARC and the PCRAFI Pilot in Comparative Perspective 7. Conclusion and Implications

Nikolas Scherer is an advisor at the German Red Cross. Before joining the Red Cross, he was Project Manager at Adelphi, a climate and development policy think tank in Berlin, and research associate at the Hertie School of Governance, Germany. His research interests are disaster risk financing, anticipatory humanitarian action, disaster risk management and climate change adaptation. Scherer holds a PhD in governance from the Hertie School of Governance and a Master’s degree in international relations from the University of Warwick, UK.

• 1. Introduction 2. Understanding Insurance 3. The Caribbean Catastrophe Risk Insurance Facility (CCRIF) 4. The African Risk Capacity (ARC) 5. The Pacific Catastrophe Risk Insurance Pilot (PCRAFI Pilot) 6. CCRIF, ARC and the PCRAFI Pilot in Comparative Perspective 7. Conclusion and Implications