The Finance Ministers of the Asia Pacific Economic Cooperation (APEC) adopted the Cebu Action Plan (CAP) in September 2015. The CAP provides a 10-year roadmap for building a connected APEC community that is financially integrated, transparent, and resilient. Under the pillar of Enhancing Financial Resilience, information and experiences in developing innovations on disaster risk finance and insurance mechanisms (including microinsurance) shall be shared among APEC economies. Under the Finance Ministers’ Process, the Asia Pacific Financial Forum (APFF) platform was created. The APFF includes the promotion of inclusive insurance and the development of microinsurance markets as one of its work streams. To pursue this, the CAP shall accomplish the following: Establish and promote private insurance programs through the collaboration and exchange of information and experiences; Deepen penetration within their economies and develop regional risk sharing schemes; Develop a roadmap and network of experts for expanding the coverage of Microinsurance in the related economies.
The draft Microinsurance Roadmap (MIR) recommendation has already undergone a number of roundtable discussions and review among the Asian insurance regulators, industry players and other stakeholders.
The MIR roundtable meeting in Lima Peru aims to engage Latin American stakeholders, especially from Peru, Chile and Mexico which are member-economies of APEC.
You can download the English and Spanish versions of the draft Microinsurance Roadmap recommendations.
The MIR roundtable meeting is open to
Go to www.inclusiveinsuranceasisa.com to register. The registration of interest to attend is done separately to the registration of the 13th International Microinsurance Conference.
The event will have a simultaneous English-Spanish professional translation. We can only accommodate a maximum of 40 participants and will be on a first-come, first-served basis.
|08:00 – 08:30||Registration|
|08:30 – 09:00||OPENING MESSAGES AND RATIONALE OF THE MEETING
|09:00 – 09:30||PRESENTATION: DRAFT MI ROADMAP FOR EXPANDING THE COVERAGE OF MICROINSURANCE IN APEC
Mr. Dante Portula, GIZ RFPI Asia
|09:30 – 11:30||ROUNDTABLE DISCUSSION – PERSPECTIVES OF LATIN AMERICAN INSURANCE
STAKEHOLDERS TO THE ROADMAP RECOMMENDATION
Moderator: Mr. Dante Portula, GIZ RFPI Asia
|11:30-11:45||Way forward – Mr. Jimmy Loro, Senior Adviser, GIZ RFPI Asia|
|11:45||End of the meeting|