DRFF in the News
Sep 19
2023
“Lessons Learned and Impact of Meso-Level Index-Based Insurance and Credit Solutions”, the third webinar in the “Disaster Risk Financing Solutions for Climate-resilient Livelihoods in the Agricultural Sector” knowledge series, was held on September 5, 2023. The webinar delved deep into meso-level solutions, which involve financial institutions (FIs) such as banks, cooperatives, microfinance institutions, or agricultural enterprises as policyholders. These entities utilize index-based solutions... Keep reading
Sep 06
2023
Story Highlights Until recent rain fell in the Horn of Africa, more than 9.5 million animals died from prolonged drought, eroding the livestock trade. The De-risking, Inclusion, and Value Enhancement of Pastoral Economies Project, is designed to protect pastoralists against heavy financial losses and improve their access to markets. Rather than putting all their money into building their flocks, the idea is for pastoralists to have cash available to survive disasters, with savings accounts for... Keep reading
Aug 22
2023
Singapore, Wednesday 16 August 2023 – On Monday 14 August 2023 the SEADRIF Insurance Company made two payouts totaling US$1.5 Million directly to the Government of the Lao PDR to provide rapid support to the country. This is just 1 business day after the Lao PDR Ministry of Finance submitted the notice of loss forms to trigger two payouts on Friday 11 August 2023. The SEADRIF Insurance Company is part of the broader SEADRIF Initiative that provides participating ASEAN member countries with... Keep reading