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Ms. Fatou Assah (left) , Program Manager of the WBG's Global Index Insurance Facility (GIIF), and Mr. Antoine Bavadi (right) , Financial Sector Specialist from the Disaster Risk Financing and Insurance (DRFI) Program, spoke at the 41st General Assembly of FANAF (African Federation of Insurance Companies for African national law) on February 14. 2017 in Marrakech. The World Bank experts were sharing their international experiences with index insurance and catastrophic risk financing as risk management tools to protect communities from natural disasters and environmental hazards. The panel,...
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World Bank Group's Global Index Insurance Facility (GIIF) and Disaster Risk Financing and Insurance (DRFI) Program are presenting international experiences with index insurance and catastrophic risk financing at the 41th General Assembly of FANAF ( African Federation of Insurance Companies for African national law). The session will be joined by t he Moroccan Federation of Insurance and Reinsurance Companies and the African Risk Capacity. For more information, visit http://www.fanaf2017.com/en/program/
With 1.5 billion people worldwide getting access to financial services through a post office, postal networks are powerful tools to advance financial inclusion. Posts have already proved to have comparative advantages in remote areas and with specific vulnerable groups – the poor, the less educated and those in the informal economy – compared with other financial services providers. This study by the Universal Postal Union (UPU) and the International Labour Organization (ILO) delves into the transformative potential of postal networks into well-suited providers of insurance. The report...
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