Role of private sector insurance actors in development finance
Room: Auditorium
Description
Private sector insurance products and services allow private finance to flow to underserved sectors and regions. Typically, private sector actors are unable to invest in developing countries because of expected risk-return mismatches. Insurance allows balancing the risk-return relationship. This Expert Discussion will benefit from a Background paper prepared by AON and the OECD which examines the insurance industry’s expertise in risk management and mitigation within the wider network of organisations (humanitarian) operating in this space, and the untapped potential of the industry in bringing scale to current activity.