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Case Study

Jaguar Protection Insurance

COUNTRY/REGION

Argentina

START - END DATE

2025 - Ongoing

REALM

Terrestrial

A pilot has been launched in Comandante Andresito, the municipality with the highest number of livestock losses due to jaguars in the Province of Misiones. The policy, purchased by the provincial government from Río Uruguay Seguros, covers cattle, pigs, sheep, goats, poultry, and pets (dogs and cats). It is provided free of charge to residents, with no deductibles. Claims are verified by Aves Argentinas, with support from Ministry of Ecology park rangers. Once an incident is confirmed, affected farmers receive compensation via a digital wallet or bank account. A support plan is also activated to help improve livestock protection and prevent future incidents. The initiative includes regular visits to assist producers in strengthening security measures and promotes broader adoption of these practices across local communities.

Insurance trigger type

The mechanism by which an insurance payout or financial response is activated

Indemnity

Insurance scheme target

Beneficiary of Insurance Scheme

Local Communities

Insurance scheme developer

The type of institution(s) providing insurance or guarantees

Public-Private-Partnership

Insured risk

The primary category of risk addressed or managed by the insurance solution.

Physical Risk to People/Assets/Economic Activity

Insurance product type

Adapted from UNEP FI framework subcategories

Insurance to reduce risks to ecosystems and species

Partners:

UNDP Argentina, Government of the Province of Misiones, Río Uruguay Seguros, Aves Argentinas, insurers, conservation partners

Referred by:

UNDP