Index Insurance Forum

Index Insurance Training for South African Regulators

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On November 16, 2018, more than 50 participants from the Financial Sector Conduct and Prudential Authority of South Africa attended a training session on the fundamentals of index insurance. The training was the first step in providing the regulators with the needed information and skills for the upcoming index insurance pilot in the country, which aims to protect smallholder farmers from weather-related risks. The workshop was delivered by the Global Index Insurance Facility (GIIF) at the request of the South African Insurance Association (SAIA), the representative body of the short-term insurance industry in South Africa.