Making climate risk microinsurance work. Case Study: Philippine Crop Insurance Corporation (PCIC), Philippines

Case study of the Philippine Crop Insurance Corporation (PCIC) and its role in climate risk microinsurance. This diagnostic overview outlines PCIC's origin, goals, and subsidy model, and examines the challenges and performance of its delivery system. The paper also highlights pricing strategies, key operational hurdles, and practical lessons learned — contributing to a broader understanding of how public sector agricultural insurance can support resilience in Asia.
Topics
Agriculture and agricultural insurance
Climate and disaster risk
Inclusive insurance & financial inclusion
Climaterisk microinsurance
Emerging market agriculture
Financial inclusion
Products
Agriculture
Credit life
Region
Asia
Country
Philippines
Contributors
Author: Katie Biese
Author: Michael McCord
Author: Indira Gopalakrishna
Contributor: Microinsurance Centre at Milliman
Contributor: Philippine Crop Insurance Corporation (PCIC)
Date Issued
2021
Language
English
Form
Case study
READ DOCUMENT