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	<title>autogeno.us &#187; poverty</title>
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		<title>Index insurance- can it help reduce poverty?</title>
		<link>http://autogeno.us/2008/06/23/index-insurance-can-it-help-reduce-poverty/</link>
		<comments>http://autogeno.us/2008/06/23/index-insurance-can-it-help-reduce-poverty/#comments</comments>
		<pubDate>Mon, 23 Jun 2008 19:52:42 +0000</pubDate>
		<dc:creator>fionda</dc:creator>
				<category><![CDATA[IRI related]]></category>
		<category><![CDATA[agriculture]]></category>
		<category><![CDATA[climate risk management]]></category>
		<category><![CDATA[index insurance]]></category>
		<category><![CDATA[IRI feature]]></category>
		<category><![CDATA[poverty]]></category>

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The International Research Institute for Climate and Society and Swiss Re are jointly hosting a high-level policy roundtable on the use of index insurance for poverty reduction at this year&#8217;s Global Humanitarian Forum in Geneva. The roundtable, which takes place on June 24, will include leaders from fields as diverse as reinsurance, climate science, economics [...]]]></description>
			<content:encoded><![CDATA[<p><img src="http://autogeno.us/blog/wp-content/uploads/index-insurance-and-poverty-reduction-41.jpg" alt="index_insurance_and_poverty_reduction_4.jpg" border="0" width="250" height="188" align="right" />
<p>The International Research Institute for Climate and Society and <a href="http://www.swissre.com/" target=_blank>Swiss Re</a> are jointly hosting a high-level policy roundtable on the use of index insurance for poverty reduction at this year&#8217;s <a href="http://www.ghf-geneva.org/" target=_blank>Global Humanitarian Forum</a> in Geneva. The roundtable, which takes place on June 24, will include leaders from fields as diverse as reinsurance, climate science, economics and food security, in an effort to gain insight on how index insurance can best serve today&#8217;s development needs. </p>
<p><a href="#" onclick="xcollapse('37142');return false;">What is index insurance? Click to expand.</a><br />
</p>
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Index insurance is insurance linked to a weather index such as rainfall, rather than a possible consequence of weather, such as crop failure. &#8220;This subtle distinction resolves a number of fundamental problems that make traditional insurance unworkable in rural parts of developing countries,&#8221; says IRI scientist Dan Osgood, one of the roundtable&#8217;s organizers. &#8220;Unlike traditional crop insurance, the insurance company doesn&#8217;t need to visit a farmer&#8217;s field to determine premiums or to assess damages.&#8221;</td>
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<p>Read the rest on the IRI <a href="http://portal.iri.columbia.edu/portal/server.pt?open=512&#038;objID=699&#038;parentname=CommunityPage&#038;parentid=0&#038;mode=2&#038;in_hi_userid=2&#038;cached=true" target=_new>features page</a></p>
<p><font size="-1">[Image credit: Dan Osgood]</font></p>
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	<font size="-1">Tags: </font><a href="http://autogeno.us/tag/agriculture/" title="agriculture" rel="tag">agriculture</a>, <a href="http://autogeno.us/tag/climate-risk-management/" title="climate risk management" rel="tag">climate risk management</a>, <a href="http://autogeno.us/tag/index-insurance/" title="index insurance" rel="tag">index insurance</a>, <a href="http://autogeno.us/tag/iri-feature/" title="IRI feature" rel="tag">IRI feature</a>, <a href="http://autogeno.us/tag/poverty/" title="poverty" rel="tag">poverty</a><br /><br />

	<font size="-1">Related posts:</font>
	<ul class="st-related-posts">
	<li><a href="http://autogeno.us/2008/08/21/index-insurance-for-ethiopian-farmers/" title="Index Insurance for Ethiopian Farmers (1, 21 August, 2008)">Index Insurance for Ethiopian Farmers</a> (0)</li>
	<li><a href="http://autogeno.us/2009/10/15/iris-work-to-benefit-farmers-in-india/" title="IRI&#8217;s work to benefit farmers in India (1, 15 October, 2009)">IRI&#8217;s work to benefit farmers in India</a> (0)</li>
</ul>

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