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RTI MONEY#14 : Assurer le risque agricole

In an RTI1 (Radiodiffusion-Télévision Ivoirienne)'s featurette, AXA Côte d’Ivoire, a GIIF partner, presents its index insurance project and how index insurance can make a difference for smallholder farmers. Watch Now (starting at the 12:32)
(C) World Bank Group
The Nigeria Incentive-Based Risk Sharing System for Agricultural Lending (NIRSAL) has developed a new insurance product called NIRSAL Comprehensive Index Insurance (NCII) to mitigate the impact and losses of agricultural yields and market price risks for smallholder farmers, PM News Nigeria reports . "NIRSAL’s goal is to expand insurance products and coverage on agricultural lending across the entire value chain by growing coverage from about 0.5 million to 3.8 million primary producers,’’ said Aliyu Abdulhameed, Managing Director of NIRSAL. NCII was developed by the Corporation in...

What is Weather Index Insurance? By Mayfair Insurance

Mayfair Insurance, a GIIF Partner, has produced a video for awareness raising on index insurance during last season (2018).
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Oct
Vijayasekar Kalavakonda, GIIF Senior Financial Sector Specialist, talks about current GIIF's activity in Pakistan. Could you please tell us about what the Global Index Insurance Facility is doing in Pakistan? The “ Punjab Agriculture and Rural Transformation Project " is currently under implementation after it was approved in December 2017. Led by the World Bank Group’s Agriculture Practice, the project aims at increasing the productivity of crop and livestock farmers, improving their climate resilience, and fostering agribusiness development in the Punjab Province of Pakistan. Global Index...
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.
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 Bangladesh. In October 2015, during the initial days of the project, GDIC and IFC approached Supreme Seed Company for index insurance partnership for their contract farming farmers. A case study was developed to capture the activity.

Assurance agricole basée sur un indice climatique au Sénégal

The video discusses the development of weather index insurance in Senegal, including GIIF's and stakeholders' actions and involvement with index insurance in the country since its onset in 2009. The video is in French.
A new brochure detailing GIIF's involvement with the development of weather index insurance in Senegal is now available for digital viewing. The document contains an overview of GIIF's and stakeholders' actions and tracks the progress of index insurance in the country since its onset in 2009.

Index Insurance Helps Farmers in Bangladesh Build Resilience Against Climate Risks

Supported by the Global Index Insurance Facility (GIIF), the International Finance Corporation (IFC) works with Green Delta Insurance to design and retail weather index insurance products that protect smallholder farmers and agribusinesses from climate risks. Access to finance provides a means for the farmers to sustain income and food security.
Agri-insurance is a financial product that protects farmers from potential losses resulting from weather events or disease. By enabling farmers to protect their businesses, agricultural insurance also reduces lending risks, which increases the amount of credit available in this vital sector. In Ukraine, IFC and Syngenta worked together to pilot-test index insurance — which bases claims on independently verifiable weather data — for wheat and corn. This SmartLesson explores the possibility of developing index insurance as a new and important financial instrument that helps farmers and...
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