All News and Announcements
Samoa’s First Parametric Microinsurance Product Launched to Cushion Impact of Climate Change
The product which was developed by the Pacific Insurance and Climate Adaptation Programme, will be piloted in Samoa over the next 12 months.
Parametric Insurance Instilling Sense of Security in Tonga
The introduction of parametric insurance in Tonga last year is already having a positive impact on the mindset of beneficiaries, as well as the country’s overall financial services ecosystem.
ILO and UNCDF Collaborate to Grow Parametric Insurance in the Pacific
This new partnership aims to build the capacity of insurers and distribution channels on disaster risk reduction and climate change adaptation.
Lexasure Partners With AgriON to Offer Mobile Insurance to Farmers in Indonesia
Under the strategic partnership, Lexasure’s digital insurance offering for farmers, Flourish, will be integrated with the AgriON app, providing easy access to purchase and manage agricultural insurance to provide farmers with greater resiliency against adverse events.
New Parametric Microinsurance Products Launched to Cushion Impact of Climate Change in Fiji
Both products offer combined insurance cover against heavy wind and rainfall and are designed to offer immediate financial support after extreme weather events.
Reducing Climate Risks - AFC Assists Malagasy to Insure Themselves Against Income Losses
The overall program objective is to increase the productivity of the participating actors in the agricultural value chains particularly affected by climate change.
Mi Siembra Segura: Parametric Insurance to Protect Vulnerable Rural Communities in Colombia, With UNDP
The UNDP's RRF2 program aims to support rural organizations made up of a vulnerable populations.
IFC Invests in Sekura to Improve Access to Insurance in Mexico
The co-investment represents IFC's first investment in the insurance brokerage sector and reflects IFC's interest in increasing insurance penetration for Mexican companies alongside a leading player in the market.
IFC and PasarPolis Partner Amid Pandemic to Boost Microinsurance Safety Nets for Indonesia’s Most Vulnerable
Under an agreement, IFC will provide PasarPolis with $5 million in equity finance to develop infrastructure to connect insurers, digital platforms and customers unserved by the traditional insurance sector.
IFC and AIA Sri Lanka Partner to Increase Sri Lankan Women's Access to Insurance, Create More Jobs
Under the agreement, IFC will help AIA Sri Lanka develop a women's insurance program strategy and suitable products for Sri Lankan women.