InsuResilience Investment Fund (IIF)
Climate
- Offering access to climate insurance
- Protecting vulnerable people, in particular farmers and MSMEs
- A KfW initiative on behalf of BMZ*
Our investment goals and strategy
Building ecosystems
The aim of the fund is to protect vulnerable people and microentrepreneurs from the effects of climate change. By providing access to climate insurance, we hope to build an effective ecosystem with lasting impact.
Partners in action
Based on a public-private partnership, this fund combines private debt and private equity investments in two separate sub-funds. In addition to this, it offers a technical assistance and premium support facility.
Targeting growth
The fund provides growth capital and debt investments, targeting market-rate returns. Private investors benefit from de-risking mechanisms such as first-loss protection.
Fund characteristics
| Fund inception | July 2017 |
| Asset class | Private equity/Private debt (blended finance) |
| Status | Closed |
| Target return** | 20% IRR net |
| Fund life | 10 years |
| Liquidity | Closed-end |
| NAV frequency | Quarterly |
| Domicile and legal structure | Luxembourg, SCA SICAV-RAIF |
| SFDR classification | Article 9 |
| External AIFM | BlueOrchard Asset Management (Luxembourg) S.A. |
| Investment manager | BlueOrchard Finance Ltd |
| Depositary | Banque de Luxembourg |
| Administrator | European Fund Administration S.A. |
| Technical assistance and premium support facility | Financed by KfW on behalf of BMZ |
| Backed by | KfW Entwicklungsbank |
**Target return for Private Equity fund.
All investments involve risk. We note specifically that past performance is not an indication of future results.
External fund website: www.insuresilienceinvestment.fund
SDGs addressed
Core SDGs
Aligned SDGs
Core SDGs: Core SDGs are those that address the impact intent and/or sustainability investment objective of a given fund.
Aligned SDGs: Aligned SDGs are those that the fund’s investees promote through responsible ESG management practices.
Impact KPIs
2020 IIF Impact Report
SFDR Pre-contractual Disclosure - IIF1-D
SFDR Pre-contractual Disclosure - IIF1-E
SFDR Website Disclosure (article 10) - IIF1-D
SFDR Website Disclosure (article 10) - IIF1-E
SFDR Periodic Disclosure - IIF1-D
SFDR Periodic Disclosure - IIF1-E
Statement on Principal Adverse Impacts of Investment Decisions on Sustainability Factors - IIF1-D
Statement on Principal Adverse Impacts of Investment Decisions on Sustainability Factors - IIF1-E
Strengthening the resilience of smallholder farmers (I)
Fact-based decision making with AgritaskAcross the agricultural value chain, decision makers require high-quality data. However, available data in emerging markets is limited and difficult to interpret. This negatively affects agricultural productivity, pricing, and availability of agricultural insurance. Agritask, a BlueOrchard partner company, has set out to address this challenge. The company is providing data-driven decision support tools for the management of agribusinesses and agricultural insurers. Combining comprehensive data integration and unmatched flexibility, Agritask’s scalable platform enables smallholder farmers to optimally adapt their activities to local conditions and effectively manage agricultural risks such as weather events and pests on a day-to-day basis.
Strengthening the resilience of smallholder farmers (II)
Expansion of microinsurance solutions with Kashf FoundationKashf Foundation is a non-banking microfinance organisation that has become the largest distributor of microinsurance solutions in Pakistan. Kashf has a strong focus on households with low income and women entrepreneurs. With a debt investment from the InsuResilience Investment Fund (IIF) Debt Sub-Fund, Kashf has expanded its livestock loan product, which is linked with a livestock insurance that also covers climate risks. With an average loan size of USD 400, Kashf has disbursed approximately 15,770 loans to women since 2018. These loans have provided more than 90,000 beneficiaries with access to climate-linked insurance.