Insurance Development Forum

By Charlotte Owen-Burge | August 4, 2021

Initiative overview. Established at the UN COP in 2016, the IDF is a public-private partnership led by the insurance industry and supported by the UN and World Bank, aiming to build resilience for people and public institutions vulnerable to climate risk. The IDF brings together many leading insurance organisations and public sector leaders to leverage the industry’s unique position to better understand climate risk and drive a more resilient world.

Benefits: Brings together actors from countries, sectors and organisations across the world to maximise effectiveness of efforts and build strategic and operational relationships via four working groups: risk modelling; regulation and resilience policies; sovereign and humanitarian solutions and inclusive insurance.

Geographies: Africa: Algeria, Ghana, Nigeria. Americas: Argentina, Colombia, Mexico, Panama, Peru. Asia-Pacific: Sri Lanka, Thailand, Uzbekistan, Vietnam. Middle East: Jordan.

Case studies: The IDF has recently launched climate risk insurance projects in Peru and Colombia. It has also produced a number reports, including papers on the Development Impact of Risk Analytics, the IDF Guide to Insuring Public Assets, and on Insuring Resilience: Critical Regulatory and Policy Architecture.

Suitable for: Civil society (NGOs and iNGOs) and financial institutions (Insurance, Investment, Legal).

How to join: Insurers, reinsurers and insurance brokers may join by invitation or application and are selected based on their expertise in the areas of the Working Groups. Committee members include Aviva, Lloyds of London, Tokyo Marine Holdings, China Re, Zurich. Long list of members here. Annual Fee to join at Steering Committee level. Free to Working Group level organisations.


Contact Name / Email: Ekhosuehi Iyahen/