Tuesdays with MEFIN

Landscape Study on Climate and Disaster Risk Insurance in Asia and the Pacific

Tuesdays with MEFIN
17 November 2020, 3-4pm, Manila Time
(via Microsoft Teams)

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Context and Background

The GIZ Regulatory Framework Promotion of Pro-Poor Insurance Markets in Asia RFPI Asia III supports the Asia Pacific’s poor through the provision of risk protection through insurance solutions to cover extreme weather events due to climate change. Jointly with the partner countries of Vietnam, Indonesia, and the Philippines, concepts of climate risk insurance (CRI) are advanced and technological platforms are to be developed. The three partner countries covered by the regional program are among the most negatively impacted by climate change, with Vietnam ranked 18th, Indonesia 33rd, and the Philippines 3rd among 171 most at-risk countries (World Risk Report 2017).

To support the program implementation in its partner countries, GIZ RFPI Asia III together with the InsuResilience Secretariat commissioned MicroSave Consulting (MSC) to do a “Landscape Study on Climate and Disaster Risk Insurance in Asia and the Pacific with the objective of assessing the status of CDRI and financing in 22 selected countries. The preliminary results of the study were presented in a pre-conference in the context of the 15th IIIC in November 2019 in Bangladesh. The study has been updated and recently finalized, with its key findings and results seen as important inputs to creating an enabling environment for promotion and development of CDRI in the three partner countries.

In line with this, GIZ RFPI Asia III would want to share the findings of the study through the conduct of a webinar under its Tuesdays with MEFIN (TwM) platform.

Objective/s

To understand the current situation of CDRI in the regions covered by the study;
To provide a comparison of the existing regulations and policies on CDRI among selected countries;
To present recommendations to support the growth and development of CDRI.

Target Participants

Regulators of the MEFIN member countries
Regulators of the other countries covered by the study
Partner insurance associations and players of GIZ RFPI Asia III in Vietnam, Indonesia, and the Philippines

Date and Time

17 November 2020, 3:00 – 4:00 pm (Manila time)

Presenter

Mr. Aneesh Gulati
Manager FBSI
MicroSave Consulting

Agenda

Time	Activity	Presenter
3:00 – 3:05	Welcome Message	Dr. Antonis Malagardis Program Director, RFPI Asia III
3:05 – 3:20	Presentation	Mr. Aneesh Gulati MicroSave Consulting
3:20 -3:30	Inputs and Perspectives of RFPI Asia III	Dr. Antonis Malagardis
3:33 – 3:50	Open Forum	Dr. Antonis Malagardis All participants
3:50 – 3:55	Polling Survey	Ronnie Limbago
3:55 – 4:00	Closing	Insuresilience Secretariat