This report presents the rationale for and design of a city government disaster insurance pool in the Philippines. Insurance pools help governments enhance their financial preparedness for disasters, focusing on the provision of rapid post-disaster financing for early recovery. The Philippine City Disaster Insurance Pool was developed under the guidance of the Department of Finance as part of the 2015 Disaster Risk Financing and Insurance Strategy. It utilizes a parametric insurance structure, basing payouts on the occurrence of earthquakes and typhoons according to their physical features, rather than actual losses.

Disasters happen! These are the stories of love and loss, death, and destruction. Many victims died in disasters. These are the stories of how survivors live to strike back. Survivors were trapped, but then set free when they were rescued! Some are man-made disasters, while others are natural disasters. The survivors of disasters include child abuse victims, domestic violence survivors, battered wives, war veterans, orphans, riots survivors, and victims of the terrorist attacks. These survivors live to tell the tale after seeing a natural disaster such as deadly storms.

For the last twenty years, Dr Hawa Abdi and her daughters have run a refugee camp on their family farm not far from Mogadishu which has grown to shelter 90,000 displaced Somalis: men, women, and children in urgent need of medical attention. As Islamist militia groups have been battling for control of the country creating one of the most dire human rights crises in the world, Dr. Abdi's camp is a beacon of hope for the Somalis, most of whom have no proper access to health care. She was recently held hostage by a militant groups who threatened her life and told her that because she's a woman she has no right to run the camp. She refused to leave. This is not just the story of a woman doctor in a war torn Islamic country risking her life daily to minister to thousands of desperate people, it's also an inspiring story of a divorced woman and her two daughters, bound together on a mission to rehabilitate a country.