ENSO business interruption index insurance for catastrophic flooding in Piura, Peru

Description: 

This concept note describes an innovative risk transfer product being introduced by La Positiva (a Peruvian insurance company). The three core sections of this concept note review the following: 1. The catastrophic weather risks in Piura associated with extreme sea surface temperatures 2. A description of the ENSO Business Interruption Index Insurance (EBIII)1 3. How lenders in Piura can use this insurance as a business interruption insurance leading to increased access and use of credit by smallholders

Topic: 

Region: 

Country: 

Year: 

Author: 

Dr. Jerry R. Skees and Anne G. Murphy

Published by: 

  • Other

Publisher: 

GlobalAgRisk

Number of pages: 

32

Rating: 

No votes yet