Index Insurance Forum

Pre-Feasibility: Earthquake Risk and Index Based Insurance for Indonesia

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This pre-feasibility report was prepared for the Ford Foundation by Jason Hartell of GlobalAgRisk, Inc., Ntongi McFadyen of the Livelihoods Department of Save the Children, USA, and Jerry Skees of GlobalAgRisk, Inc., under Ford Grant No. 1100-0121 and IIEF Program No. FF-5H016.
 
GlobalAgRisk is a policy-oriented firm with close ties to the University of Kentucky. Our work is supported by international donors who recognize the importance of markets in transferring natural disaster risk as a means for developing and enhancing access to financial service by the productive poor. GlobalAgRisk does not have seismology expertise; rather, our experience has been with index-based insurance for transferring natural disaster risk.
 
GlobalAgRisk is acting in an advisory capacity only. As such, GlobalAgRisk cannot provide warranties or guarantees that the recommendations will anticipate all potential shortcomings or problems that may arise from a full implementation of these recommendations. It is not possible in a general document such as this to address the circumstances of any particular project or country. Therefore, this report is not intended to provide, and should not be relied upon as providing, advice with respect to any specific project. The report is provided on the basis that users assume full responsibility for any decisions made or actions taken, with respect to any matter considered in this report; GlobalAgRisk does not accept any responsibility for such decisions or actions. Any information contained herein should not be used or relied upon by any third party.