Journal of Natural Resources Policy Research, Vol. 8, Nos. 1–2, 2018
Copyright © 2018 The Pennsylvania State University, University Park, PA
(Received 18 May 2018; accepted 6 August 2018)
doi: 10.5325/naturesopolirese.8.1–2.0131
Abstract | This article presents an alternative framing of disasters as a form of
structural violence resulting from the unequal distribution of structural power
between various groups, organizations, institutions, and states in the contempo-
rary global political economy. The article utilizes a theoretical framework that com-
bines Johan Galtung’s typology of violence and Susan Strange’s conceptualization of
structural power to open up new space for analysis in the disaster politics nexus. The
article applies its framework to explore how an understanding of disasters as a form
of violence problematizes trends within mainstream disaster risk reduction (DRR)
policies. Specifcally, the article examines the integration of fnancial risk-sharing
mechanisms into the disaster politics nexus through new public–private partner-
ships between insurance and reinsurance frms, international fnancial institutions,
and governments to transfer catastrophic risk to global capital markets. The article
seeks to repoliticize these changes and bring questions of power back into the larger
conversation surrounding DRR policies.
Keywords | disasters, insurance, power, risk, violence
Te year 2017 was notable for the number and severity of disasters that it
witnessed; disasters routinely captured daily headlines around the globe,
with numerous earthquakes, foods, hurricanes, and wildfres competing for
our attention. According to the world’s largest reinsurance companies, 2017 is
Developing Disaster: Power, Structural
Violence, Insurance-Linked Securities,
and the International Political Economy
of the Disaster Politics Nexus
KOREY PASCH
Queen’s University, Kingston, Canada
korey.pasch@queensu.ca