Insurance Development Forum @InsDevForum
The IDF optimises the use of insurance & its related risk management capabilities to build greater resilience for those vulnerable to disaster & climate shocks. insdevforum.org Joined June 2016-
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There is a shortage of #climate and disaster risk information - but the #reinsurance industry could help overcome this problem by opening up access to #risk models and datasets. The @InsDevForum #RMSG has issued a CTA via Global (Re)Insurance here: globalreinsurance.com/home/idf-enhan…
There is a #data and analytics portal covering hazards, exposure, vulnerability and risk to infrastructure and people around the world that is free to access - the GRI Risk Viewer is available via the Resilient Planet Data Hub: resilient-planet-data.org
Partnerships are key to improving global #resilience and to address the #ProtectionGap. Our recent workshop series with @a2ii_org is just one great example of seeing this vision in action. For more information & to download the presentations please visit: insdevforum.org/knowledge/idf-…
#DYK our Working Groups are made up of more than 200 experts and practitioners from industry, governments, international institutions, NGOs and academia? Read about our latest projects here: insdevforum.org/knowledge/
Thank you Tuga Alaskary, Member of @InsDevForum Op Co & Co-Chair of the SHS Working Group; Technical Specialist for Risk Financing, @UNDP, for sharing reflections on #InternationalWomensDay, and highlighting the joint work of the UNDP and IDF on gender inclusion. #UNSDGs
#InternationalWomensDay holds great significance for @InsDevForum, our members and partners. We are united in our commitment to advancing gender equality in insurance and beyond. insdevforum.org @giz_gmbh @CentreForDP @NetworkFlash @AXA_XL #IWD2024
Calling #reinsurance brokers, #carriers, and commercial model vendors - the Global Risk Modelling Alliance has released its latest Call for Proposals. For more information and to download the Tender Packages, please click here: insuresilience-solutions-fund.org/grma #GRMA @ISF_Solutions
Save the Date: The #IDFSummit2024 will convene senior leaders from the public, private, and development sectors for high-level discussion on the critical role of insurance in advancing resilience under the theme: Why insurance Matters - Prevent, Protect, Provoke.
A global shortage of actionable #climate and #disasterrisk information is restricting investment in resilient development and risk finance, leaving vulnerable communities and economies exposed. How is the @InsDevForum responding? ow.ly/p89g50QJSbr @GlobalReins
#ENGAGEMENT: In honour of #InternationalWomensDay2024, on 6 March Ekhosuehi Iyahen @InsDevForum will be attending the @ClydeCoNews Gender and Climate Equality Charity Event to increase awareness of #climatechange impacts and to celebrate women working in this field!
We were delighted to attend the recent DRF Executive Education Programme at Georgetown University and to host a joint session “Collaboration with private sector; best practices and lessons learnt” focusing on the sharing of best practices in #RiskTransfer: financialprotectionforum.org/news/event-rec…
Damage from global #NaturalDisasters in 2023 totalled $380 billion in economic losses, according to @aon's Climate and Catastrophe Insight report; just 31% ($118 billion) of which was covered by #insurance: ow.ly/8Ko750QzylJ #ClimateChange #UNSDGs
Today is #WorldWetlandsDay, so to share awareness of these incredible ecosystems, here’s a report from the #ResilientPlanetDataHub on how #Mangroves can reduce the risks of climatic hazards: resilient-planet-data.org/planet/natural… @InsDevForum @UNDRR @UniofOxford @ClimateArc @GCAdaptation
#ADVOCACY: Michel Liès @Zurich board Chair and @InsDevForum Chair joined the #COP28 @MIGA @IMFNews and @FT panel to discuss the role of #insurance and its #risk management function in strengthening resilience. Watch the recording here: miga.org/event/driving-… #COP28
#ADVOCACY Throughout last year's #COP28, the @InsDevForum contributed to the discussions and advocated for the critical role of insurance in addressing the climate crisis. Read our key takeaways in our media communiqué insdevforum.org/media-communiq… #Insurance #UNSDGs #ClimateChange
#IMPLEMENTATION: Make sure to keep up to date on all the latest developments from our Working Groups as they carry out multiple projects around the world to make impactful strides towards enhancing financial inclusion and economic #resilience: insdevforum.org/knowledge/
.@TheGlobalShield uses pre-arranged finance, including Climate and Disaster Risk Finance and Insurance, to help close the #ProtectionGap in climate-vulnerable countries? For all those interested, there is a useful list of the tools it uses here: globalshield.org/activities/ins…
Focusing on the #insurance industry’s capabilities across the spectrum of #risk and #resilience, Kipkorir Koskei provides an overview of projects orchestrated by the @InsDevForum in 2023 and shares an insight for the year ahead in this @TEFReview article: europeanfinancialreview.com/disaster-risk-…
#ICYMI @NewsReinsurance recently interviewed Michel Liès, Chair of the @InsDevForum Steering Committee and @eiyahen @InsDevForum Secretary General, to discuss how #insurance can address the impacts of natural disasters and #climate shocks: reinsurancene.ws/its-time-for-t…
Saleemul Huq @SaleemulHuq
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One key takeaway from the @InsDevForum @CentreForDP @EarlyActionREAP "The State of Pre-Arranged Financing: Time to Get Ahead," #COP28 event was that financial protection is not affordable for everyone. To read more about the state of PAF please visit: disasterprotection.org/publications-c…
Yesterday's #COP28 discussion on Tripartite Agreement progress between @NigeriaGov @UNDP @BMZ_Bund @InsDevForum highlighted 💦 flood risk transfer schemes in Ghana, Nigeria 🌾 parametric insurance for agriculture in Pakistan, Mexico, Uzbekistan Read ➡️ bit.ly/TPA-S23
Join our partners @GENERALI & @UNDP tomorrow, 6 Dec, at 11:30 GST in the #COP28 Italian Pavilion, where they will draw attention to the journey of #SMEs to climate resilience: irff.undp.org/events/cop28-a… #ProtectTheFuture #Generali4Sustainability #Insurance4SDGs #Act4SDGs #COP28UAE
A new #LossAndDamage fund was announced at #COP28 - and our recent policy brief argues that this should include funding for #AnticipatoryAction Read the brief here 🔗anticipation-hub.org/Documents/Poli… Watch the session that informed this brief here 📺 youtube.com/watch?v=uyh7qF…
ILS, parametrics and new tech a real opportunity to close protection gaps: IDF @InsDevForum artemis.bm/news/ils-param…
#COP28: ZEP-RE is thrilled to be sharing its experience at a forum hosted by @InsDevForum, alongside exceptional leadership in the private financial sector, on the business case for adaptation & resilience, and what it takes to mobilize the billions needed. 🌿🌍
Today: @SvenjaSchulze68 & @TheCVF 🇬🇭 special envoy & @EPA_Ghana ED Dr. Henry Kwabena Kokofu discussed the @TheGlobalShield country process in 🇬🇭. "We will ensure that these learnings are integrated in the set-up of the new fund responding to loss & damage", says @SvenjaSchulze68
Starting in 10 mins at the #COP28 Ghana pavilion: @TheGlobalShield side event with @TheCVF Ghana 🇬🇭 special envoy & @EPA_Ghana ED Henry Kokofu, @BMZ_Bund 🇩🇪 Min. @SvenjaSchulze68, Tonga 🇹🇴 Finance Minister @TTiueti, @WorldBank VP Juergen Voegele, & @cpdcngo's @jwalarambarran.
HAPPENING NOW: Join the press conference with @SvenjaSchulze68 @BMZ_Bund 🇩🇪 and Hon. Dr. Henry Kwabena Kokofu 🇬🇭 at #COP28_UAE German Pavilion here ➡️ german-climate-pavilion.de/cop28-program/…
Interested in ‘The State of Pre-Arranged Financing’ report but not at COP28? Join us virtually at 09.30-10.30 GMT via lnkd.in/d56NN_9A @InsDevForum @CentreForDP @EarlyActionREAP
The @InsDevForum SG Ekhosuehi Iyahen starts off the session on the state of pre-arranged financing by revealing how shocking the results from @CentreForDP report are, even for those who work on finance and disaster protection. We need to scale up PAF urgently.
First success at #COP28: the parties already reached an agreement on the #LossAndDamage Fund. Minister Schulze confirmed on behalf of @Bundeskanzler Olaf Scholz that like the #UAE, Germany stands ready to kickstart the new Fund with 100 Million US Dollar.
The #GlobalShield organizes a high-level side event at #COP28UAE, hosted by @MoF_Ghana 🇬🇭 and @BMZ_Climate 🇩🇪 on practical approaches to address #LossAndDamage 📅 Saturday 2nd December 2023 🕓 10:00 - 11:00 (GMT+4) 📍 Ghana/CVF Pavilion, Blue Zone RSVP: globalshield.org/news/events/hi…
@InsDevForum Thanks for posting. Means a lot
@InsDevForum Thank you so much! We are excited to be partnering with you!
In today's Meet the Partner, we interview REAP Partner @markharvey77, CEO of @Resurgence_io, who discusses the DARAJA East Africa Scale Up Programme and the essential effort to provide climate information to at-risk urban populations in East Africa: bit.ly/3QZr8A8
Find out what our Executive Director, Karen Sack, Ekhosuehi Iyahen - Secretary General of the @InsDevForum, Marisa Drew - Chief Sustainability Officer of @StanChart and Claire Coustar - Global Head of ESG @DeutscheBank, have to say about the necessity of investment in the Ocean:
"Partnerships like this one with the Insurance Development Forum show the role that corporations and Public Private Partnerships can play in contributing to sustainable early warning work." MapAction CEO Colin Rogers. #AnticipatoryAction #DRR #disasterpreparedness
PRESS RELEASE: 7 Country Missions Completed Successfully as Part of Phase 1 Programme for #AnticipatoryAction and #DRR ow.ly/slqU50Q3n1Z @EarlyActionREAP @StartNetwork @mapaction @Aon_plc @AXA @AXIS_Capital @millimaninsight @SwissRe @WTWcorporate @Zurich
🌍 In a world of rising risks, the #IRFF is making progress to deliver financial resilience for all. Dive into the #insurance4SDGs 2023 Snapshot Report & see how we are supporting at-risk communities with #insurance and risk finance. Access here: bit.ly/IRFF23S #UNDay
Stuart Fraser presented @InsDevForum's work in #RiskAnalytics. As Stuart noted, while it doesn't provide the answer, it works as a guide for managing risk. It is important, however, to repeat analytics regularly, finally, the risk question should dictate the approach. #ICII2023