Resilience relates to the capacity of individuals, communities, institutions and systems to absorb and address an increasingly complex range of shocks.
Our resilience work encompasses:
Insurance markets. Including microinsurance, insurtechs and insurance for development.
Remittances. Understanding barriers to remittances to recommendations for action.
Urban resilience. How to respond to climate change and natural disasters by building more sustainable, insurable cities and infrastructure.
Flooding in urban areas across Africa is on the rise. The continent needs to implement risk-management techniques to ensure its cities are resilient to climate change and the devastation it can cause. This article explores possible ways Africa can build resilience against flooding in urban areas. Across Africa the annual
Most Ugandans face insurable risks, yet uptake of insurance remains very low at only 1.4%. Innovations in global insurance markets have illustrated how insurance can be better designed, offer more affordably and thus provide better value for customers. Uganda enacted a new Insurance Act in 2018. This act expanded the
In many African countries, the potential for inclusive insurance markets is significant, however, this potential has yet to be fully realised. High entry barriers for new innovative players and regulation that may not effectively accommodate them are important contributing factors. The cell captive model has emerged as a way for entrepreneurs or organisations with an insurance business
But in Africa, there is more at stake A key imperative identified by our deep-dive studies across four sub-Saharan African countries was that for the insurance sector to contribute to sustainable development, policymakers and regulators need to take a more active role in leading and enabling innovation in their markets. Never has this imperative been truer than now – as the world is
A guidebook using nine Asian countries (Cambodia, India, Laos, Mongolia, Myanmar, the Philippines and Vietnam) under the GIZ Integrated Climate and Disaster Risk Management Framework. Micro-, small- and medium-sized enterprises (MSMEs) form the backbone of many economies globally. They contribute considerably to economic growth, employment and innovation. The IFC estimates that MSMEs account
Unlocking the SME insurance market through a holistic approach to building resilience. I recently moved into an apartment above a popular Cape Town restaurant, the owner of which is also my landlord. Last week, the restaurant had a major leak that took a plumber three days to fix. Fixing a
The need to build greater resilience in Africa and globally has been clearly demonstrated by the devastating impact of the COVID-19 pandemic on our society. The insurance industry has not been unaffected; work Cenfri did with OESAI and FSD Africa in June indicated that over 60% of insurers experienced a
The COVID-19 pandemic has shone a light on the need for the African insurance sector to demonstrate its critical role in supporting people and businesses. The pandemic has been the most severe risk event in Africa in years, but many insurers have not delivered on their promise. If the sector
MSMEs form the backbone of many economies globally and give rise to economic growth, employment and innovation. The ongoing COVID-19 crisis has highlighted the extreme vulnerability of MSMEs to exogenous shocks and risks. However, the uptake and use of insurance remains extremely low for this group. In sub- Saharan Africa, it
The COVID-19 pandemic and the accompanying containment and mitigation measures have affected and disrupted the operations of industries around the globe. This report explores the impact of COVID-19 on the Rwanda insurance sector Rwanda was the first African country to implement a national lockdown to curb the spread of COVID-19. Lockdown measures included the closure and suspension
Flooding in urban areas across Africa is on the rise. The continent needs to implement risk-management techniques to ensure its cities are resilient to climate change and the devastation it can cause. This article explores possible ways Africa can build resilience against flooding in urban areas. Across Africa the annual
Most Ugandans face insurable risks, yet uptake of insurance remains very low at only 1.4%. Innovations in global insurance markets have illustrated how insurance can be better designed, offer more affordably and thus provide better value for customers. Uganda enacted a new Insurance Act in 2018. This act expanded the
In many African countries, the potential for inclusive insurance markets is significant, however, this potential has yet to be fully realised. High entry barriers for new innovative players and regulation that may not effectively accommodate them are important contributing factors. The cell captive model has emerged as a way for entrepreneurs or organisations with an insurance business
But in Africa, there is more at stake A key imperative identified by our deep-dive studies across four sub-Saharan African countries was that for the insurance sector to contribute to sustainable development, policymakers and regulators need to take a more active role in leading and enabling innovation in their markets. Never has this imperative been truer than now – as the world is
A guidebook using nine Asian countries (Cambodia, India, Laos, Mongolia, Myanmar, the Philippines and Vietnam) under the GIZ Integrated Climate and Disaster Risk Management Framework. Micro-, small- and medium-sized enterprises (MSMEs) form the backbone of many economies globally. They contribute considerably to economic growth, employment and innovation. The IFC estimates that MSMEs account
Unlocking the SME insurance market through a holistic approach to building resilience. I recently moved into an apartment above a popular Cape Town restaurant, the owner of which is also my landlord. Last week, the restaurant had a major leak that took a plumber three days to fix. Fixing a
The need to build greater resilience in Africa and globally has been clearly demonstrated by the devastating impact of the COVID-19 pandemic on our society. The insurance industry has not been unaffected; work Cenfri did with OESAI and FSD Africa in June indicated that over 60% of insurers experienced a
The COVID-19 pandemic has shone a light on the need for the African insurance sector to demonstrate its critical role in supporting people and businesses. The pandemic has been the most severe risk event in Africa in years, but many insurers have not delivered on their promise. If the sector
MSMEs form the backbone of many economies globally and give rise to economic growth, employment and innovation. The ongoing COVID-19 crisis has highlighted the extreme vulnerability of MSMEs to exogenous shocks and risks. However, the uptake and use of insurance remains extremely low for this group. In sub- Saharan Africa, it
The COVID-19 pandemic and the accompanying containment and mitigation measures have affected and disrupted the operations of industries around the globe. This report explores the impact of COVID-19 on the Rwanda insurance sector Rwanda was the first African country to implement a national lockdown to curb the spread of COVID-19. Lockdown measures included the closure and suspension
