News From Aon
Report 3
InsuResilience Investment Fund (IIF) launches new report on climate insurance in developing countries
Luxembourg, 10 December 2020 – The IIF report presents the results of the Fund’s first six years of operation. To date, the Fund has helped to protect 25 million poor and climate vulnerable people from the effects of climate change.
Since 2015, the InsuResilience Investment Fund (IIF) has worked to build the climate resilience of poor and climate-vulnerable households as well as micro, small and medium enterprises, by increasing climate insurance coverage. It has today launched a new report “Protecting low-income communities through climate insurance”, which takes stock of its experience and achievements over its first six years of operation. As the first fund of its kind to raise private capital to invest in climate insurance markets in developing countries, the fund shares in this report valuable lessons for impact investors, insurers, policy makers and other relevant entities involved in building resilience using insurance and disaster risk finance. Link to full article.
Report 4
Press Release
CelsiusPro launches Analytics Tool
Zurich-based weather risk management specialist CelsiusPro AG announces the launch of a new platform for climate analysis. This online tool allows to access big climate data globally, measured by satellites as well as ground weather stations.
Link to full Article
Report 5
Press Release
World Bank Group and CelsiusPro Partner to Expand Access to Finance for Ukrainian Farmers by Innovative Agri Insurance Product
The World Bank Group and CelsiusPro AG have partnered to make agricultural insurance in Ukraine more affordable for smaller companies, expanding farmers’ access to financial services and helping boost agricultural productivity.
Link to full Article
Report 6
Press Release
Launch of unprecedented Climate Insurance Fund aiming to improve the resilience of the world’s poor to extreme weather events
BlueOrchard, partnering with CelsiusPro, is proud to announce its appointment as Fund Manager of the Climate Insurance Fund (CIF) after a rigorous international tender process. The mandate marks yet another innovation milestone for the impact investing pioneer. The Climate Insurance Fund is an unprecedented thematic fund designed to reduce the vulnerability of micro, small and medium enterprises as well as low-income households to weather-related threats.
Link to full Article