In 2015, IFC, supported by GIIF, launched the Weather Index Insurance project with Green Delta Insurance Company (GDIC), to develop insurance products to address perils such as drought, excess rain, heat waves, and cold spells in Chitalmari in the Bogra District, Bangladesh. A case study was developed to capture the activity.

ACRE Africa participated in 2018 Understanding Risk Forum in Mexico City in May 2018. Organized by the World Bank’s Global Facility for Disaster Reduction and Recovery (GFDRR) and partners every two years, the event provides organizations and individuals with the opportunity to exchange knowledge, highlight new activities and initiatives, establish new partnerships, and foster innovation in the field. As part of this year’s program, the Disaster Risk Financing and Insurance Program (DRFIP) and the Global Index Insurance Facility (GIIF) – both in the WBG’s Finance, Competitiveness &...

GIIF and ILO's Impact Insurance Facility jointly published a paper entitled "When and How Should Agricultural Insurance be Subsidized? Issue and Good Practices". Authored by Independent Researcher Peter Hazell and World Bank Group's Panos Varangis and Rachel Sberro-Kessler, this paper discusses agricultural insurance subsidy in detail and draws upon available literature and case study experiences to propose some good practice guidelines for the design and implementation. The French version " Quand et comment l'assurance agricole devrait-elle être subventionnée? Enjeux et bonnes pratiques " is...

"Significant crop shortfalls observed in various parts of the globe in recent years have had an adverse impact not only on the agricultural sector of countries but also on many other economic sectors related to agriculture, such as logistics, storage, and processing industries," a Swiss Re Corporate Solutions' publication concludes. In "Insuring Crops of Countries and States with Weather Index Solutions" , Swiss Re suggests index insurance be a good tool for states and countries to protect their agricultural sector from weather risks due to the product's high efficiency and light...