Quelles assurances contre les risques liés aux catastrophes naturelles dans les pays en développement ?

Catastrophic and index insurance in developing countries

5 Oct 2017 75012 Paris (France)

Overview

Catastrophic and index insurance in developing countries

October 5, 2017, 2-6pm

Agence Française de Développement, Salle Le Mistral, 3 Place Louis-Armand, 75012 Paris

Losses due to natural disasters have increased sharply over the last 30 years. This has been caused by population growth, greater concentration of population in urban environments, and more accumulation of assets that can be destroyed by natural events. Hazards have also risen with climate change and are expected to grow exponentially. What is remarkable, however, is that the gap in insurance protection between uninsured and insured natural catastrophes has been increasing. Lack of financial protection against disasters leads to slow recovery, costly financing of relief and reconstruction, and political manipulation in the allocation of post-disaster assistance.

For this reason, many countries have started to introduce Disaster Risk Financing and Insurance (DRFI) schemes. A leading pioneer in doing this is Mexico with both a national strategy for financing the reconstruction of disaster-affected public assets, FONDEN, and a scheme specifically targeted at protecting smallholder farmers from yield losses due to drought, CADENA.

Well-designed and implemented DRFI schemes can have advantages both ex-ante for better risk management and ex-post for better shock coping.

On this basis and to continue their long-standing collaboration, Ferdi, Cerdi and the French Agency for Development seek to open a dialogue with development practitioners, NGOs, private banks and insurance companies in order to confront research results with these actors’ experience. They aim at stimulating interactions and favoring the exchange of experiences between researchers and practitioners.

Organisation :

Workshop organised by the Fondation pour les études et recherches sur le développement international (FERDI), the Centre d'Etudes et de Recherches sur le Développement International (CERDI) and the Agence française pour le développement (AFD).

Avec le soutien de :

Programme

Preliminary programme

Mercredi 5 octobre

14.00 – 14.15

Opening remarks

Patrick Guillaumont, President of Ferdi / Président de la Ferdi

Gaël Giraud, AFD, Chef Economiste & Directeur Exécutif / Chief Economist & Executive Director

14.15 – 15.15

Session 1: Experiences with catastrophic insurance

Chair: AfD (to be identified)

“Planning for disasters”

Daniel Clarke, actuary and economist, U.K. Government Actuary's Department / Actuaire, Département des Actuaires, Gouvernement du Royaume-Uni, en détachement à DFID and Stefan Dercon, Professor, University of Oxford (DFID) / Professeur, Université d’Oxford (DFID)

“Insuring Growth: The Impact of Disaster Funds on Economic Reconstruction in Mexico”

Alejandro del Valle, Professor, Robinson College of Business, Georgia State University / Professeur au Robinson College of Business, Université de l’Etat de Georgie

Discussant: René Kunz, Chief Underwriting Officer Agriculture bei SCOR Global P&C / Directeur de la souscription secteur agricole chez SCOR Global P&C

15.15 – 16.15

Session 2: Experiences with index insurance

Chair: Christophe Angely, Ferdi

“Making index insurance work: A review of recent progress”

Michael Carter, Professor, University of California at Davis / Professeur à l’Université de Californie à Davis

“Combining index insurance with other risk-reducing instruments”

Alain de Janvry, Professor, University of California at Berkeley and Senior Fellow Ferdi / Professeur à l’Université de Californie à Berkeley et Senior Fellow Ferdi

Discussant: Madeleine Latapie, Marketing & Development Manager, AXA / Directeur Marketing & Développement, AXA

16.25 – 18.00

Panel discussion

Chair : Michael Carter

Introductions:

Daniel Clarke, actuary and economist, U.K. Government Actuary's Department / Actuaire, Département des Actuaires, Gouvernement du Royaume-Uni, en détachement à DFID and Michael Carter, Professor, University of California at Davis / Professeur à l’Université de Californie à Davis

Panelist statements:

Grégoire Sigel, ‎Innovation Manager, Airbus Defence and Space / Responsable du secteur innovation, Airbus (tbc)

Francesco Rispoli, Senior Technical Specialist, IFAD / Spécialiste technique principal, IFAD (tbc)

Sonu Agrawal, Founder & Managing Director at Weather Risk Limited / Fondateur et Directeur général, Weather Risk (tbc)

Gilles Galludec, Manager of the Global Index Insurance Facility (GIF) - World Bank Group / Directeur de la Global Index Insurance Facility (GIF) - Banque mondiale (tbc)

Madeleine Latapie, Marketing & Development Manager, AXA / Directeur Marketing & Développement, AXA (tbc)

AFD (to be identified)

African Risk Capacity (tbc)

Limagrain (to be identified)

Conclusion:

Daniel Clarke, actuary and economist, U.K. Government Actuary's Department / Actuaire, Département des Actuaires, Gouvernement du Royaume-Uni, en détachement à DFID and Michael Carter, Professor, University of California at Davis / Professeur à l’Université de Californie à Davis

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