Affordable Disaster Risk Insurance through Public-Private Partnerships

DAY: 1

Introductions, Overview and Fundamentals of DRF

8:30-9:15

Opening ceremony

Opening remarks, introduction to the program, expectations for the week

9:15-9:30

Introductions

Delegates introduce themselves to each other and share intentions for the week.

9:30-10:30

Context and ambition in my country – Part 1

Delegates will present – 5 minutes each country – on their risk profile, disaster risk finance in their country, their objectives and expectations for the week

10:30-10:45

Coffee Break

10:45-11:15

Fundamentals of DRF

Framing presentation as foundation for the week

11:15-12:15

Context and ambition in my country – Part 2

Delegates will present – 5 minutes each country – on their risk profile, DRF Agenda in their country, their objectives, and expectations for the week

12:15-13:15

Lunch

Sovereign Disaster Risk Insurance and Finance and Public Finance Management

13:15-14:15

Disaster risk-based budgeting

Technical framing presentation

 

DRBB entry points & illustrative cases with interactive participation from country delegates

14:00-14:15

Disaster funds: how to get them right

Technical framing presentation

14:15-14:45

Experience of disaster funds in my country

Select country delegates will present their experience: Morocco will focus on successes and lessons learned with FSEC, Moldova will focus on lessons learned and ambitions for next steps

14:45-15:15

Coffee Break

15:15-16:15

What instruments can my country access to finance disaster response? The WB Crisis Response Toolkit

WB World Café Style – 4/5 rotating topics of discussion in groups with host expert

16:15-16:45

Discussions in country groups to identify relevant lessons and actions

16:45-17:00

Wrapping up and key takeaways

19:00

Networking dinner

DAY: 2

Enhancing Financial Resilience for Households and MSMEs

8:30-8:45

Recap day 1 and look forward to day 2

8:45-9:15

Protecting vulnerable households

Framing presentation on value of building financial resilience of households, and how this might differ for countries with greater or less developed markets.

9:15 – 9:30

Experience of delivering sovereign support through digital payments

Country delegate to share their experience

9:30 – 10:15

Group exercise

Countries to discuss the delivery mechanisms in respective countries and how to strengthen their reach.

10:15-10:45

Coffee Break

10:45-11:15

Protecting vulnerable MSMEs

Framing on impact of natural catastrophes on MSMEs and the jobs market, including risk coping strategies and role of access to finance. Discussion on experiences from COVID-19.

11:15 – 11:45

Experience of protecting businesses

WB to present a program to support financing for MFIs to on lend to firms and others affected by climate shocks (Pakistan) and use this for a group discussion on eligibility criterion for the MFIs/firms to access option, structure of financing, and evaluation

11:45 – 12:15

Private sector perspective

Q&A with AXA Climate on the impact of protecting critical infrastructure on the economy, ensure business and service continuity, and stabilize government expenditures and revenue, fiscal stability and market impact.

12:15-13:15

Lunch

Getting Agriculture Insurance Right

13:15-13:30

Introduction to Agriculture Insurance

Framing on the motivation for, and main elements of agricultural insurance

13:30-14:00

The Role of Public and Private Sector

Framing on public private insurance partnerships, their value, and key elements

14:00 -14:45

Interactive discussion on unblocking private sector involvement

Group discussions, led by IFC insurance specialist

14:45-15:15

Experience of agriculture insurance in my country

Presentation from delegates on select examples: Morocco to cover experience to date, challenges, role of public and private sectors, ambition for the future; Albania to cover their challenges, lessons learned from international experience, ambition for the future

15:15-15:30

Coffee Break

15:30 – 16:30

Technical Session with TARSIM (Turkey)

Presentation on successes and lessons learned from implementing agricultural insurance in Türkiye

16:30-17:00

Discussions in country groups to identify relevant lessons and actions

17:00-17:15

Wrapping up and key takeaways

Evening

Optional: informal meet the experts

DAY: 3

Developing Catastrophe Insurance Market

8:30-8:45

Recap day 2 and look forward to day 3

8:45-9:00

Introduction to property catastrophe insurance

Technical presentation on key concepts

9:00-10:30

Public-private partnerships in property catastrophe insurance

World Café on: (i) Understanding the Problem, (ii) Design and Development and (iii) Solution Implementation

10:30-10:45

Coffee Break

10:45-12:15

International Experience Sharing

Short talks to share international experience on catastrophe insurance PPPs (Morocco, Kyrgyz Republic, New Zealand, Insurance Development Forum [IDF])

World Café Style – interactive

12:15-13:15

Lunch with each delegations coming up with key takeaways

13:15-13:30

Wrapping up and key takeaways

Study Visit

13:30-17:30

Study Visit to Turkish Catastrophe Insurance Pool (TCIP)

Led by TCIP team, study visit will focus on technical design, risk modeling and data, governance, legal environment, implementation, etc.

DAY: 4

Insurance Development Forum (IDF) – Private Sector Exchange

8:30-8:45

Recap of day 3 and look forward to day 4

8:45-10:30

IDF Presentations

Introduction and presentations from IDF members on how the market operates, what they look for, what helps getting support, factors private sector consider in entering or supporting private-public insurance partnerships

10:30-10:45

Coffee Break

10:45-11:45

Regional Programs Overview

Presentation from WB on experience of regional risk finance initiatives

 

Experience shared from Djibouti on their experience of a regional program, including benefits and challenges

11:45-12:00

Wrapping up and key messages

12:00-13:00

Lunch

13:00-14:30

Group exercise

Delegates will be split into groups to develop ideas jointly with IDF members for presentation on specific DRF topics and pitch the ideas in shark tank / dragon’s den style

15:30-18:00

Visit to earthquake observatory

Visit to the Kandilli Observatory and Earthquake Research Institute

Gala Dinner

DAY: 5

 Translating Knowledge into Action and Outcomes.

8:30-8:45

Recap of day 4 and look forward to the final day

8:45-9:30

Soft skills #1, TBC

Training from the university on how to implement what was learned during the week in practice

9:30-10:30

Soft skills #2, TBC

Training from the university on how to implement what was learned during the week in practice

10:30-10:45

Coffee Break

10:45-11:30

Action Plans

Country teams to wrap up the week with an action plan

11:30-12:15

Shark Tank Judging

12:15-13:00

Lunch

13:00-13:30

Certificate Distribution and Closing Remarks