Preempting the next disaster: Catastrophe insurance and the financialization of disaster management

Security Dialogue

Volumn 43, Issue 2, 2012, Pages 139-155

  Grove, Kevin ^a  

^a Lamont Doherty Earth Observatory   (United States)

Author keywords

adaptation; biopolitics; catastrophe risk; disaster management; insurance; neoliberalism; preemption

Indexed keywords

EID: 84859780494     PISSN: 09670106     EISSN: 14603640     Source Type: Journal    
DOI: 10.1177/0967010612438434     Document Type: Article

References (56)

1. Aradau C,Van Munster R.Governing terrorism through risk: Taking precautions, (un)knowing the future.European Journal of International Relations. 2007;13 (1): 89-115.
2. Aradau C,Van Munster RRisk and the War on Terror. Amoore LDe Goede M, ed. London: Routledge; 2008:23-40.
3. Anderson B.Preemption, precaution, preparedness: Anticipatory action and future geographies.Progress in Human Geography. 2010;34 (6): 777-798.
4. Black S,Kincaid JLife and Debt. New York: New Yorker Video; 2001:.
5. Bougen P.Catastrophe risk.Economy and Society. 2003;32 (2): 253-274.
6. Annual Report 2007-2008. Grand Cayman: CCRIF; 2008:.
7. Annual Report 2008-2009. Grand Cayman: CCRIF; 2009:.
8. Collier S.Enacting catastrophe: Preparedness, insurance, budgetary rationalization.Economy and Society. 2008;37 (2): 224-250.
9. Collier S,Lakoff ASecuring the Homeland: Critical Infrastructure, Risk, and (In)security. Cavelty MDKristensen K, ed. New York: Routledge; 2008:17-39.
10. Cooper MLife as Surplus: Biotechnology and Capitalism in the Neoliberal Era. Seattle, WA: University of Washington Press; 2008:.
11. Cooper M.Turbulent worlds: Financial markets and environmental crisis.Theory, Culture & Society. 2010;27 (2-3): 167-190.
12. DaviesO (2007) Presentation at the Donor's Pledging Conference on the Caribbean Catastrophic Risk Insurance Facility. Washington, DC, 26 February. Available at: http://siteresources.worldbank.org/INTOECS/Resources/MinisterDaviesPresentationonCCRIF.pdf (accessed 21 December 2011).
13. Davis MLate Victorian Holocausts: El Niño Famines and the Making of the Third World. London: Verso; 2002:.
14. Dean MGovernmentality: Power and Rule in Modern Society. London: Sage; 2004:.
15. de Goede MVirtue, Fortune and Faith: A Genealogy of Finance. Minneapolis, MN: University of Minnesota Press; 2005:.
16. de Goede M.Beyond risk: Premeditation and the post-9/11 security imagination.Security Dialogue. 2008;39 (2-3): 155-176.
17. de Landa MIntensive Science and Virtual Philosophy. New York: Continuum; 2002:.
18. Dillon M.Underwriting security.Security Dialogue. 2008;39 (2-3): 309-332.
19. Dillon M,Reid JThe Liberal Way of War: Killing To Make Life Live. London: Routledge; 2009:.
20. Duffield MGlobal Governance and the New Wars: The Merging of Development and Security. London: Zed; 2001:.
21. Duffield M.The liberal way of development and the development-security impasse: Exploring the global life-chance divide.Security Dialogue. 2010;41 (1): 53-76.
22. Economic Commission for Latin America and the Caribbean (ECLAC) (2004) Comparison of the socio-economic impacts of natural disasters on Caribbean societies in 2004. Available at: www.eclac.org/publicaciones/xml/0/23560/L.039.pdf (accessed April 2011).
23. Ericson R,Doyle A.Catastrophe risk, insurance, and terrorism.Economy and Society. 2004;33 (2): 135-173.
24. Ewald FThe Foucault Effect: Studies in Governmentality. Burchell GGordon CMiller P, ed. Chicago, IL: University of Chicago Press; 1991:197-210.
25. Foucault MThe Foucault Effect: Studies in Governmentality. Burchell GGordon CMiller P, ed. Chicago, IL: University of Chicago Press; 1991:87-104.
26. Foucault MSecurity, Territory, Population: Lectures at the College de France 1977-1978. New York: Picador; 2007:.
27. 2007-2008 Jamaica Budget: Estimates of Expenditure by Head. Kingston: Jamaica Ministry of Finance; 2007:.
28. Griffith IThe Caribbean Community in Transition. Hall KChuck-A-Sang M, ed. Kingston: Ian Randle; 2008:221-240.
29. Grove K.Insuring our common future? Dangerous climate change and the biopolitics of security.Geopolitics. 2010;15 (3): 536-563.
30. Grusin R.Premediation.Criticism. 2004;46 (1): 17-39.
31. Hardt M,Negri AEmpire. Cambridge, MA: Harvard University Press; 2000:.
32. Hess UWashington, DC: World Bank, Agriculture and Rural Development Department; 2003:.
33. Klak T.Development policy drift in Central America and the Caribbean.Singapore Journal of Tropical Geography. 2009;30 (1): 18-23.
34. Lakoff A.Preparing for the next emergency.Public Culture. 2007;19 (2): 247-271.
35. LalorD (1994) The Bahamas Insurance Industry in 1994 and Beyond. Report prepared for the Prime Minister of the Bahamas.
36. LalorD (1996) Report of the Working Party on Insurance and Reinsurance. Submitted to the Chairman of the Conference of Heads of Government of the Caribbean Community, 26February.
37. Leyshon A,Thrift N.Geographies of financial exclusion: Financial abandonment in the United States and Great Britain.Transactions of the Institute of British Geographers. 1995;NS20 (3): 312-341.
38. LiPuma E,Lee BFinancial Derivatives and the Globalizaiton of Risk. Durham, NC: Duke University Press; 2004:.
39. Lobo-Guerrero LInsuring Security: Biopolitics, Security, and Risk. London: Routledge; 2010a:.
40. Lobo-Guerrero L.Insurance, climate change, and the creation of geographies of uncertainty in the Indian Ocean region.Journal of the Indian Ocean Region. 2010b;6 (2): 239-251.
41. McDonald F.Establishing a national program of disaster preparedness, mitigation and prevention: The Jamaican experience.Disasters. 1985;9 (S1): 29-33.
42. Martin RThe Financialization of Daily Life. Philadelphia, PA: Temple University Press; 2002:.
43. Martin RAn Empire of Indifference: American War and the Financial Logic of Risk Management. Durham, NC: Duke University Press; 2007:.
44. Massumi B.Potential politics and the primacy of preemption.Theory & Event. 2007; 10 (2).
45. Mullings B,Werner M,Peake L.Fear and loathing in Haiti: Race and politics of humanitarian dispossession.ACME. 2010;9 (3): 282-300.
46. O'Malley PRisk, Uncertainty, and Government. London: Glasshouse; 2004:.
47. Pollner JWashington, DC: World Bank; 2001:.
48. Simpson-Miller P.President's Address to the Thirty-Sixth Annual Meeting of the Caribbean Development Bank.Montego Bay. 2006;:.
49. Skees J.Innovations in index insurance for the poor in lower income countries.Agricultural Resources and Economics Review. 2008;37 (1): 1-15.
50. Swyngedouw ESocial Power and the Urbanization of Water. Oxford: Oxford University Press; 2004:.
51. Swyngedouw E.Apocalypse forever? Post-political populism and the spectre of climate change.Theory, Culture & Society. 2009;27 (2-3): 213-232.
52. UNODC/World Bank (2007) Crime, violence, and development: Trends, costs, and policy options in the Caribbean. Report No. 37820. Available at: www.unodc.org/pdf/research/Cr_and_Vio_Car_E.pdf. (accessed April 2011).
53. World Bank Report 38540-HT. Washington, DC: World Bank; 2005:.
54. Washington, DC: World Bank; 2007:.
55. Washington, DC: World Bank; 2008a:.
56. World Bank (2008b) The Caribbean Catastrophe Risk Insurance Facility: Providing immediate funding after natural disasters. Operational Innovations in Latin America and the Caribbean2(1). Washington, DC: World Bank. Available at: http://siteresources.worldbank.org/LACEXT/Resources/ONS4CCRIFComplete.pdf (accessed 22 December 2011).