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The InsuResilience Annual Report 2022 offers a concise overview of the milestones and highlights under the framework of the InsuResilience Global Partnership throughout the last year, especially the development and launch of the Global Shield against Climate Risks. You can find information on where the Partnership stands in reaching the targets defined under Vision 2025 in the “InsuResilience at a Glance” article. The current state of the Partnership’s collective ambition to scale Climate and Disaster Risk Finance and Insurance (CDRFI) in vulnerable countries encompasses 29 active programmes with 475 projects in 123 countries worldwide. Thanks to these efforts, 190 million people were financially protected through CDRFI solutions as per end of 2022.

Pastoralist communities, who rely on livestock for their livelihoods, are particularly vulnerable to extreme drought which is becoming more common due to climate change. Index-based Livestock Insurance (IBLI) has proven vital in these communities but has not appealed to women because in most cases men control the family’s livestock and the insurance payments for losses. Family Insurance is built on the technical foundation of IBLI but provides coverage in “family” units that pay for household needs during droughts that threaten families’ wellbeing.

The 3rd edition of the Munich Climate Insurance Initiative (MCII) Annual Report is available. Download the report to learn about all MCII engagements and activities for the June 2021 – June 2022 period.

The InsuResilience Annual Report 2021 offers a concise overview of the milestones and highlights under the framework of the Partnership throughout the last year. You can find information on where the Partnership stands in reaching the targets defined under https://www.insuresilience.org/publication/insuresilience-global-partnership-vision-2025-reviewed-version-july-2021/ (Vision 2025) in the InsuResilience at a Glance article. This section sheds light on the current state and the development of the global CDRFI landscape. 24 implementing programmes were active with over 300 projects in more than 100 countries worldwide at the end of 2021. Thanks to their collective efforts, 150 million people were financially protected through Climate and Disaster Risk Finance and Insurance (CDRFI) solutions.

The InsuResilience Annual Forum is the global flagship event of the climate and disaster risk financing community, bringing together members of the InsuResilience Global Partnership and the wider resilience community to exchange knowledge on lessons learned, best practices and innovations. The fifth edition of the InsuResilience Annual Forum provided a platform for open discussions on key Climate and Disaster Risk Finance and Insurance (CDRFI) topics such as SMART premium and capital support, leveraging public-private partnerships, or avenues for collaboration in the field of inclusive insurance.

Climate risk insurance that successfully targets the poor needs strong guidance for planning and implementation. The results presented in this research report, and the Pro-Poor Principles for Climate Risk Insurance in particular, are MCII’s contribution to supporting and guiding current and future efforts in reaching and benefiting the poor and vulnerable with climate risk insurance. This study contributes to the learning process and the global discussion on addressing climate change risks for the poor. It does so by presenting research results based on the analysis of 18 already existing climate risk insurance schemes.

Governments and donors have introduced many programs and policies designed to increase lending to the agricultural sector generally, and to small farmers specifically. In spite of these efforts, it is widely believed that the sector and smallholders continue to be credit constrained so they miss opportunities to adopt productivity-enhancing projects requiring greater cash outlays but offering the prospect of higher yields and farm incomes. This problem has sparked renewed interest in using agricultural insurance to reduce the risk for farmers of adopting new technologies and production practices and, thereby, reducing default risks for financial service providers (FSPs) so they will invest in developing sustainable methods to serve agriculture. This paper reviews possibilities for, and experience with, credit-linked crop insurance, including different types of insurance and credit arrangements, ranging from insurance sold to individual farmers to meso insurance sold to FSPs to cover losses suffered by farmer borrowers. The paper describes the main methods of linkage that are being tested or proposed, identifies the critical features of each method, and discusses the advantages and limitations for the three parties – farmers, FSPs, and insurers.

Disasters disrupt socio-economic activities and cause substantial damage. Yet, their full economic impact remains largely unknown, especially the cost of smaller disasters and indirect impacts such as those due to business disruptions. Similarly, little information exists on the total amount of public resources that countries devote to disaster risk management. Reliable, comprehensive and comparable data on the economic impact of disasters as well as on public spending on disaster management and risk prevention are essential for developing effective disaster risk management policies. This report provides an overview of countries’ efforts to improve the quality and quantity of information on the costs of disasters.

At the first High-Level Consultative Group (HLCG) meeting of the InsuResilience Global Partnership (‘the Partnership’) held in December 2018, members agreed on the Concept Note of the InsuResilience Global Partnership and emphasized the urgency of scaling up and accelerating risk financing in 2019 and beyond. They mandated the drafting of a Workplan by the InsuResilience Secretariat to determine objectives and activities of the Partnership until 2025. This document sets out the overall vision and four Overarching streams for the Partnership by 2025.

This discussion paper is a preparatory step for and impact evaluation of climate risk insurance products on the micro level that the Munich Climate Insurance Initiative (MCII) will conduct for the InsuResilience Initiative. The main purposes of this paper are 1) To show and discuss existing empirical evidence of impacts of climate risk insurance (CRI) 2) To identify best practices and knowledge gaps from the past impact evaluations in the CRI context 3) To outline the MCII approach to evaluate the impact risk insurance has on resilience.