MLchartDataset catalogue

Disaster insurance gap

Term · Insurance and risk management · MLC-T-INS-001178

The difference between the total economic losses caused by natural disasters and the portion of those losses covered by insurance. This gap represents uninsured losses that must be borne by individuals, businesses, or governments. It highlights the vulnerability of communities to catastrophic events and the need for improved risk transfer mechanisms.

Table 1. Record
IdentifierMLC-T-INS-001178
FieldInsurance and risk management
Record as JSON 
{
  "id": "MLC-T-INS-001178",
  "term": "Disaster insurance gap",
  "field": "Insurance and risk management",
  "definition": "The difference between the total economic losses caused by natural disasters and the portion of those losses covered by insurance. This gap represents uninsured losses that must be borne by individuals, businesses, or governments. It highlights the vulnerability of communities to catastrophic events and the need for improved risk transfer mechanisms.",
  "url": "https://mlchart.com/terminology/insurance/disaster-insurance-gap/"
}

Record 1,018 of 3,748 in Insurance and risk management terminology (MLC-0106). Request the full dataset.