A newly designed product detail brochure for Earthquake Index Insurance (EQII) is available for digital viewing. Since 2014, PT Reasuransi MAIPARK and GIIF have been developing EQII, a new insurance product that triggers an automatic payout based on pre-determined earthquake parameters. EQII is designed to protect the lending portfolios of banks and microfinance institutions (MFIs) from liquidity crises in the aftermath of an earthquake. The intended insured party of this product is a bank/MFI. Also available in Bahasa Indonesia.

A 24-page illustrated comic book on Earthquake Index Insurance in Bahasa Indonesia.

More than 30 participants across Asia gathered in May 2017 in Jakarta to attend a regional workshop focusing on index insurance fundamentals and to discuss best practices in the development of the innovative financial product. The week-long workshop entitled “Fundamentals of Named Peril Index Insurance Risk Transfer Process” was sponsored by the Global Index Insurance Facility (GIIF) as part of its capacity building activities aimed at the development and enhancement of index insurance products in developing countries. Managed by the World Bank Group’s Finance & Markets Global Practice, GIIF

A newly designed product detail brochure for Earthquake Index Insurance (EQII) is available for digital viewing. Since 2014, PT Reasuransi MAIPARK and GIIF have been developing EQII, a new insurance product that triggers an automatic payout based on pre-determined earthquake parameters. EQII is designed to protect the lending portfolios of banks and microfinance institutions (MFIs) from liquidity crises in the aftermath of an earthquake. The intended insured party of this product is a bank/MFI. Also available in Bahasa Indonesia.

A newly designed Global Index Insurance Facility's Country Profile for Indonesia is available for digital viewing . The document contains an overview of GIIF's project in Indonesia and partner, PT Reasuransi MAIPARK.

This study explores the feasibility of weather index insurance (WII) in providing cost-effective ways for rural dwellers to manage risk and better cope with catastrophic events. The case study analyzed is drought coverage for maize production risk in Eastern Indonesia. Indonesia is considered one of the more vulnerable countries to hydro-meteorological risks in Asia. In some agricultural areas, harvest and production dip significantly during ENSO (El Niño Southern Oscillation) events due to belownormal rainfall. Indonesian production is highly dependent upon rainfall. Only 17 percent of the

Full Publication 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

Index insurance is a relatively new but innovative approach to insurance provision that pays out benefits on the basis of a pre determined index (e.g. rainfall level) for loss of assets and investments, primarily working capital, resulting from weather and catastrophic events, without requiring the traditional services of insurance claims assessors. It also allows for the claims settlement processes to be quicker and more objective. Before the start of the insurance period, a statistical index is developed measuring deviations from the normal level of parameters such as rainfall, temperature

Policymakers in Indonesia are considering how to ensure greater food security, boost incomes of farmers and rural communities, and expand agricultural production to meet rising food demand from an increasingly urban population. The Indonesia Chamber of Commerce and Industry, KADIN, is taking a leadership role in the national discussion on agricultural policy. Agricultural finance is a critical element in this discussion, and KADIN has requested USAID’s SEADI Project to prepare an analysis of the situation related to key commodity value chains, including rice, corn, and beef cattle, as well as a review of global trends in agricultural finance. This report responds to KADIN’s call for fresh analysis and recommendations on how to improve agricultural finance in Indonesia. In light of recent dramatic food price hikes, and before the convening of the PISAgro working group on agricultural finance, the report arrives at an important point in time.

The nature of does nothing in itself to stimulate the growing of agricultural crops but it can insure the non-growing of them (Geertz, 1963). The nongrowing and loss of crops due to biophysical and geophysical processes have been interpreted as risks and catastrophes that human being need to anticipate. This paper asks: what were the impacts of natural catastrophes on Indonesian agricultural crops during the last four decades? And what are the options available to mitigate future agriculture loss and safeguard food production in Indonesia? The quantitative analysis is based on two national datasets from Indonesia, namely the Disaster Loss data from Agricultural Statistics produced by the Ministry of Agriculture in 2009 and an online disaster database from the National Disaster Management Office updated in March 2012. This research concludes that Indonesia can achieve better food production by adopting multiloss mitigation scenarios. The chapter further highlights the impact of climate change on Indonesian agriculture, and existing policy instruments concerning disaster risk reduction in agricultural sectors. In addition, it makes policy recommendations for the Indonesian government and the international community regarding alternative solutions towards agricultural resilience.