Helping Communities Manage risks from the ground up.

The MIA successfully hosted the Reinsurance School for the third consecutive year. This unique training event - the first and only Reinsurance School for microinsurance units (MIUs) - took place at the Vishwa Yuvak Kendra in New Delhi from 16th-18th November, 2009, with support from MISEREOR and Deutscher Genossenschafts - und Raiffeisenverband (DGRV).

The School offered a platform for participants from different microfinance units, insurance companies and government bodies to learn and exchange about reinsurance mechanisms. Knowledge and experience was provided by international experts in microinsurance from the reinsurance industry, NGO sector, and academia.

The primary objective of the Reinsurance School is to provide trainees with a clear idea of the advantages of reinsurance for their MIUs, and the solutions to formulate demand for reinsurance within legal frameworks.

The following sessions were held during the 3-day training event:     

• Individual and aggregated risk   
• The risk-carrier function of a MIU    
• Understanding reinsurance    
• Risk exposure of underwriters: what reinsurance can offer    
• Adjusting for reinsurance: risk management in micro insurance
• Hurdles for obtaining reinsurance for MIUs in India, and how they can be overcome. 

Throughout the workshop the speakers engaged the participants with mathematical pricing calculations, risk analysis, and educational games that demonstrated the importance of risk pooling. The workshop concluded with providing participants the opportunity to present individual queries to faculty members and receive expert feedback.  The dates and location of the next Reinsurance School will be announce in summer 2010 - stay tuned for registration details!

Browse the brochure of the 3rd Reinsurance School below:

Go to Reinsurance School project page.

Go to MIA's Flickr page to see more pictures of the  Reinsurance School.

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