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Olivier Mahul

Olivier Mahul's picture
Olivier Mahul
Olivier Mahul is the Program Manager of the World Bank's Disaster Risk Financing and Insurance Program, which is co-sponsored by the World Bank, the Global Facility for Disaster Reduction and Recovery (GFDRR), the Swiss State Secretariat for Economic Affairs (SECO), the Ministry of Finance of Japan, and the Ministry of Foreign Affairs of the Netherlands. This program mainstreams disaster risk financing and insurance within the disaster risk management and climate change adaptation agenda in developing countries.  Since he joined the World Bank in 2003, Olivier has been involved in developing disaster risk financing and insurance solutions in more than 40 countries including Colombia, Costa Rica, Vietnam, Indonesia, Mongolia, India, Mexico, etc.  Olivier was closely involved in the product development of the World Bank CAT DDO, a contingent credit line that provides immediate liquidity to World Bank member countries in the aftermath of natural disasters. The CAT DDO has been approved for several countries, including Colombia, Costa Rica and the Philippines.  Olivier is one of the key architects of the Caribbean Catastrophe Risk Insurance Facility, which provides the Caribbean island states with parametric insurance against major natural disasters. He is currently co-leading the Pacific Catastrophe Risk Assessment and Financing Initiative, which offers the Pacific island countries risk assessment and modeling tools to guide their disaster risk management decisions and their disaster risk financing strategies. Olivier is one of the program designers of the Mongolia Index-based Livestock Insurance Program, an index-based livestock mortality insurance program against extreme weather events. Olivier also provides the Government of India with advisory services on the reform of the India’s National Agricultural Insurance Scheme, the world’s largest crop insurance program in terms of farmers insured. Olivier holds a Ph.D. in Economics from Toulouse School of Economics and post-doctorates from Wharton Business School and University of California at Berkeley.  Olivier has authored more than 40 publications in international journals and won several academic awards. He recently co-authored two books: “Catastrophe Risk Financing in Developing Countries: Principles for Public Intervention” (with J. David Cummins) and “Government Support to Agricultural Insurance: Challenges and Options for Developing Countries” (with Charles Stutley).