I am part of the World Bank-GFDRR Disaster Risk Financing and Insurance (DRFI) Program, where I work with governments towards efficient, cost-effective solutions for enhanced financial protection against disasters. Since 2006 I have worked with the World Bank Group on a wide range of projects ranging from sovereign financial protection in Mexico, Colombia, Indonesia, the Caribbean region and the Pacific region, to agricultural insurance in India, Kenya, Mongolia and Bangladesh, and scalable social protection in Kenya and Ethiopia. Within the DRFI Program I lead the analytical work, agricultural insurance work, and a project trying to strengthen the evidence base on the impact of potential disaster risk finance solutions.

Before joining the World Bank as staff I trained as an actuary in the private sector before spending six years lecturing financial mathematics and financial contracting in developing countries at the University of Oxford. I have published papers in a range of peer reviewed academic journals such as the American Economic Journal: Microeconomics, and the Journal of Development Economics, and have written a book with Stefan Dercon, to be published by Oxford University Press in May 2016.

I have a first class degree from Cambridge University in Mathematics in Computer Science and a D.Phil. in Economics from the University of Oxford, and am a Fellow of the Institute of Actuaries.


My research is on financial contracting in developing countries, with strong links to development economics, decision under uncertainty, financial theory and actuarial science.

Co-authors for academic work include Stefan Dercon, Dermot Grenham, Gautam Kalani, Neha Kumar, Oliver Mahul, Kolli N. Rao, Ruth Vargas-Hill and Niraj Verma.

You can find my research here.

Email: dclarke2 at worldbank dot org.