On June 29, 2017, Finance & Market's Global Index Insurance Facility of the World Bank Group had an official book launch of Risk Modeling for Appraising Named Peril Index Insurance Products. The groundbreaking publication on modeling index insurance products is a practical guide for the insurance practitioners to design and develop better index insurance in order to ultimately provide protection to more low-income customers, including smallholder farmers in developing countries.

 

In this video, authors Mr. Shadreck Mapfumo, Senior Financial Specialist in the World Bank Group, and Dr. Huybert Groenendaal, Managing Partner of EpiX Analytics, discussed the rationale, structure, and expected benefits of the book. 

 

Bob Conger, Chair of the International Actuarial Association General Insurance Committee; Raj Gana - Director in the Model Risk Management Group at AIG; and Mohammed Kari, President of the West African Insurance Supervisors Association (WAISA), provide words of reflection.

 

Download the book from World Bank Group's Documents and Reports.