The Micro Insurance Academy will hold the “2nd Reinsurance School for Microinsurance Schemes” on 15-17 October 2008 in New Delhi, India. The Reinsurance School is designed for managers of community based micro insurance schemes, micro insurance promoters and managers of NGOs & MFIs contemplating launching their own micro insurance scheme.

Reinsurance is new to the world of micro insurance. Most managers of micro insurance schemes have never dealt with reinsurance, and consequently do not know from experience what reinsurance can do for their micro insurance schemes, and why/how this added degree of financial security is essential for sustainable operations.

Micro insurance units (MIUs) are exposed to a considerable risk of insolvency when operating as small, stand-alone units with inconsistent incomes. To protect them from this financial vulnerability, the training focused on how reinsurance can be used as a tool to build a safety net for micro insurance schemes

The Reinsurance School aims to demystify reinsurance for people engaged in, or supportive of, sustaining micro insurance units. The focus of the event is on presenting reinsurance as a powerful risk management tool for micro insurance units. Participants will be exposed to various lectures, interactive sessions and case-studies that would illuminate the scope of reinsurance in a micro insurance framework, and provide an understanding of the structure of reinsurance contracts.

To register and take advantage of our early registration discount, click here

Training Objective

The training objective of the reinsurance school is to provide participants with a clear idea about the advantages of reinsurance for their micro insurance scheme, and the solutions open to them to formulate demand for reinsurance within the legal framework in India.

The training is designed to offer participants:

• A better understanding of risk structures
• Benefits of aggregated risks for large groups vs. fragmented risks of stand-alone small groups or individuals
• Identification of reinsurable financial risks for micro insurance units
• A better understanding of the cost and benefits of reinsurance, and its contribution to reducing risk exposure.
• Tips on maintaining win-win collaboration with reinsurers.

For more information and to register, email info@mia.org.in

To download a brochure of the 1st Reinsurance School, click here