FULL TITLE: Effective Micro-Insurance and Micro Health Insurance Programs to Reduce Vulnerability ROOM: Tsavo B PANEL Chair: Mr. Richard Leftley, CEO, MicroEnsure, USA Panelist: Mr. Yoseph Aseffa, Chief Technical Advisor, Microinsurance, International Labour Organization (ILO), Ethiopia Panelist: Mr. Nelson Kuria, Managing Director, Co-operative Insurance Company of Kenya Limited (CIC), Kenya

2. Insurance Performance Relative to the Economy & Players

5. Coping mechanisms Risk Immediate impact: loss of income/assets/need for lump sum cash Low stress : modify consumption, improve family budget, draw on insurance formal /informal Medium Stress: use savings, borrow, diversify income resources etc High Stress : Sell HH assets, default loans, close shop etc Reallocate household resources , Reduce unnecessary expenditures ,temporary change in lifestyle Depleted financial reserves Indebtedness - claim on future income flow Loss of customers, Reduction in scale of business Loss of productive capacity, loss of income , depleted assets, untreated health problems, isolation