200 likes | 315 Views
IBLIP. Government of Mongolia. World Bank. Swiss Government. Dzud Block and Insurance Leverage. Ulziibold “Bold” Yadamsuren IBLI Project Director. “BIG ISSUE – SMALL SOLUTIONS ” SDC Mid-year Review Meeting Ulaanbaatar - August 9 , 201 1. Content. “Intro” Chapter 1. “The Big Issue”
E N D
IBLIP Government of Mongolia World Bank Swiss Government Dzud Block and Insurance Leverage Ulziibold“Bold” Yadamsuren IBLI Project Director “BIG ISSUE – SMALL SOLUTIONS” SDC Mid-year Review Meeting Ulaanbaatar - August 9, 2011
Content • “Intro” • Chapter 1. “The Big Issue” • Chapter 2. Potential Solutions – TBD later • Chapter 3. “The Small Solution”
Chapter 1 “The Big Issue”
Dambiiwants to go home but Moody and Grazycreate a DzudBlock on his way…
DZUD BLOCK
Dambii wants to go home but there is a Dzud Block… What should be done in order to get Dambii to his home?
Chapter 2 Potential Solutions
Potential solutions • Remove the Dzud Block • Give Dambii a tool to remove the Block! • Rush Dambii to his home when the Block is about to appear • Cause Moody and Grazy not to create a Dzud block • And many more …
Chapter 3 “The Small Solution” Let’s provide Dambii with an insurance leverage to remove the Dzud block and see what happenz…
DZUD BLOCK
DZUD BLOCK
DZUD BLOCK
Yes, we did it! Dambii is back to his home!
Insurance Leverage • Insurance Leverage • 1. Legal Framework • 2. Institutional Framework • 3. Financial Model • GOVERNMENT OF MONGOLIA and DONORS • GLOBAL REINSURERS • INSURANCE COMPANIES • HERDERS • HERDER GROUPS • HEALTHY LIVESTOCK • EARLY WARNING ETC.
Financing Model innovated in 2011 Insured Herders Government Guarantee Insured Herders Special Fund Special Fund Government Guarantee Global Reinsurers Special Fund Long-term Pool Entity Global Reinsurers Short-term Pool Entity • Insurers • Insured herders Insurers Insured Herders