InsuResilience Investment Fund (IIF)
The InsuResilience Investment Fund (IIF) is an public-private partnership created by the German Development Bank (KfW), on behalf of the German Ministry for Economic Cooperation and Development (BMZ). It provides Private Debt and Private Equity investments to support the fund's overal objective: to contribute to the adaptation to climate change by improving access to and the use of insurance in developing countries. The specific objective of the fund is to reduce the vulnerability of micro, small and medium enterprises (MSME) as well as low-income households to extreme weather events.
The Fund also provides technical assistance e.g. for product design and development and – temporarily and to a very limited extent only – subsidies to reduce the premium payments for the end-clients.
Learn more about accessing IIF support here.
The initiative’s funding volume increased from 420 to 550 million US dollars. The BMZ’s additional contribution was 40 million euros.