Workshop on Building Catastrophe Risk Protection Markets for Low-Income Households in India
02 June 2016 to 03 June 2016
The purpose of the workshop is to bring key market participants together to debate and discuss the development of robust and deep catastrophe risk protection markets in India. Participants discussed the need for catastrophe risk protection in India, dispeled any misconceptions involved with the required data, discussed the product development challenges, and deliberated the ways in which these challenges can be overcome to create catastrophe risk mitigation products for the Indian market.
Program and Learning Materials:
| Date | Session / Activity | Presentation Material | Speaker(s) |
|---|---|---|---|
| 02 Jun 2016 | Opening Session | What is the need for catastrophe risk protection financing in India and how can the stakeholders enable the market? | Christine Engstrom |
| 02 Jun 2016 | Opening Session | How do the current insurance products address the customer's requirements post a natural disaster? What is the gap for catastrophe risk protection and how can the insurance industry play a role to bridge the gap? | P.J. Joseph |
| 02 Jun 2016 | Group Discussion and Presentations | The relevance of catastrophe risk within the spectrum of risks in the economic capital framework of originators | Bama Balakrishnan |
| 02 Jun 2016 | Group Discussion and Presentations | What is the impact of natural disasters on originators and their customer households? How do an originator and a household react to natural disasters? What is the impact on customer livelihoods? | Udaya Kumar |
| 02 Jun 2016 | Panel Discussion 1 | What are the different types of catastrophe risk protection products that exist globally and in India? What data, risk models and loss curves are available for India? How can these be improved? | Pushpendra Johri, Murthy Bachu, Alex Chen, Ulrich Heiss, Vineet Kumar, Arup Chatterjee (moderator) |
| 02 Jun 2016 | Panel Discussion 2 | What are the different types of catastrophe risk protection products that exist globally and in India? What data, risk models and loss curves are available for India? How can these be improved? | Brahmanand Hegde, Udaya Kumar, Vaibhav Anand, Easwar Narayanan, K. Venkatesh, Ulrich Hess, and Sucharita Mukherjee (moderator) |
| Date | Session / Activity | Presentation Material | Speaker(s) |
|---|---|---|---|
| 03 Jun 2016 | Group Discussion and Presentations | Catastrophe risk protection finance: A Case Study of Bangladesh | Mayumi Ozaki |
| 03 Jun 2016 | Closing Remarks | What have we learnt from the workshop and what are the next steps? | Sucharita Mukherjee, Arup Chatterjee |
| 03 Jun 2016 | Highlights of the Event |
ADB and IFMR Workshop: Discussion Highlights This article summarizes the discussions during the different workshop sessions on catastrophe risk protection markets in India. |
Vipul Sekhsaria, Nikhil John |