Index Insurance Forum

  • Index Insurance: Helping Women Farmers around the World

    As GIIF specialists collect information and assess results from active projects, stories emerging from the fields share one common thread: index insurance has made significant changes in the lives of female farmers. Read more

  • GIIF Celebrates International Women's Day

    Index insurance has made significant changes in the lives of female farmers in many parts of the world. To celebrate International Women's Day, GIIF presents a women's story told by one of the beneficiaries of GIIF's partner, ACRE Africa. Jacinta Mutuse, a 35-year old farmer and a mother of one, who lives in Makueni, Kenya, has benefitted from an insurance product provided by ACRE Africa. Read her story here.

  • Livestock Index Insurance Helps Kenyan Herders

    Thousands of pastoralists in Kenya will get payouts this month under the government's subsidized livestock index-based insurance scheme after a severe drought has hit the country. Read more.

  • Natural Catastrophe and Environmental Risks Coverage

    Ms. Fatou Assah, Program Manager of the WBG's Global Index Insurance Facility (GIIF), and Mr. Antoine Bavadi, Financial Sector Specialist from the Disaster Risk Financing and Insurance (DRFI) Program, share their international experiences with index insurance and catastrophic risk financing as risk management tools to protect communities from natural disasters and environmental hazards at the 41st General Assembly of FANAF. Read more and watch the video.

  • A New Risk Sharing Facility to Lower Premiums for Africa's Farmers

    The World Bank Group’s Global Index Insurance Facility (GIIF) and African Reinsurance Corporation (Africa Re) have entered into an agreement to carry out a risk-sharing facility, in form of an experience account, to decrease premium levels for insured farmers and encourage local companies to create affordable insurance products. Click here to read more.

  • Africa Re Supports Agricultural Insurance Project in Senegal

    Compagnie Nationale d’Assurance Agricole du Sénégal (CNAAS) has selected Africa Re to lead the reinsurance program of 40,000 cotton and maize farmers in Senegal, jointly with AXA CS and CICA Re, according to a press release issued by Africa Re. Read more

Upcoming events

About Us

Created in 2009, the Global Index Insurance Facility (GIIF) works to support the development and growth of local markets for indexed/catastrophic insurance in developing countries, primarily in sub-Saharan Africa, Latin America and the Caribbean, and Asia Pacific. GIIF’s objectives are to provide acceess to finance to smallholder farmers and to expand the use of index insurance as a risk management tool in agriculture production, food security, and disaster risk reduction, because it helps farmers and households reduce their risks and protect their assets and livelihoods.

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Grants Committed: $35 million (2009-15)

Countries with GIIF projects including policy/regulatory work: 31 in total (Sub Saharan Africa, Latin America and the Caribbean, and Asia Pacific)

Clients: 1.3 million farmers, pastoralists and microentrepreneurs (cumulative)

Total Insurance Portfolio$148 million (cumulative)

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For archived copies of the Global Index Insurance quarterly newsletter, please click here.

Global Team
  • Fatou Assah | GIIF Program Manager |
  • Selin Konrat | Operations Officer | 
Regional Specialists
  • Shadreck Mapfumo | Senior Financial Sector Specialist | Africa |
  • Vijayasekar Kalavakonda | Senior Financial Sector Specialist | Asia |
Media Contacts
  • Rebecca Post | Communications Officer | 


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GIIF is funded by the European Union, Japan, and the Netherlands.


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GIIF collaborates with the ILO’s Impact Insurance Facility to strengthen its knowledge and dissemination related activities. The collaboration aims at improving the delivery of index insurance to farmers and their families as well as businesses, through the extraction, dissemination and promotion of lessons mainly from GIIF implementing partners and to strengthen microinsurance markets in countries that have a strong index insurance potential. 


Image result for ILO Impact Insurance Facility


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Weathering the Risks: Scalable Weather Index Insurance in East Africa


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