Olivier Mahul

Olivier Mahul

Practice Manager, Crisis & Disaster Risk Finance Unit, World Bank

Dr. Olivier Mahul is an economist and global expert in decision theory under uncertainty, with applications in development economics, climate finance and disaster risk finance and insurance.  Olivier leads the development of innovative (parametric) sovereign risk finance and insurance solutions. He is one of the main architects of sovereign catastrophe risk pools such as the Caribbean Catastrophe Risk Insurance Facility (CCRIF), the Pacific Catastrophe Risk Insurance Company (PCRIC) and the Southeast Asia Disaster Risk Insurance Facility (SEADRIF). He also co-designed the first sovereign contingent credit line against disasters.

Olivier currently leads the Crisis & Disaster Risk Finance Unit and its Disaster Risk Financing and Insurance Program (DRFIP) at the World Bank, which offers analytical and advisory services for policy reforms and financial instruments against climate shocks, disasters and a wider range of crises in more than 60 emerging and developing countries all over the globe.

Olivier also co-chairs the Operations Committee of the Insurance Development Forum (IDF), and the working group on Climate Physical Risks of the Network of Central Banks and Supervisors for Greening the Financial System (NGFS).

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 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).