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(Davis et al., 2018). There is robust evidence of disasters displacing people worldwide, but limited evidence that climate change or SLR is the direct cause. In 2017, 18.8 million people were displaced by disasters, of which 18 million were displaced by weather-related events including 8.6 million people displaced by floods and 7.5 million by storms, with hundreds of millions more at risk (IDMC, 2017; Islam and Khan, 2018). The majority of resultantAmazing vintage dragonfly crystal all over print bedding setpopulation movements tend to occur within the borders of affected countries (Warner and Afifi, 2014; Hunter et al., 2015; Nawrotzki et al., 2017). Climate risk insurance schemes have been recently developed to address sudden, and in rare cases, slow onset hazards at the coast, and to increase overall resilience. For coastal risks, insurance is mainly applicable for sudden onset hazards, including storm surges and coastal flooding, to buffer against the financial impacts of loss events. For slow onset hazards, insurance schemes are not the first-best tool, whereas resilience building and prevention of loss and damage in such instances may be more cost-effective ways to address these risks (Warner et al., 2013). In this context, index based insurance products are increasingly offered, particularly in low-income countries and have also been included in a
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