PROJECT

Projects

Summary of Advisory Services Project Information

Project Number

556745

Primary Business Area

Access To Finance

Disclosure Date

May 25, 2009

Country

World Region

Region

Global

IFC Approval Date

Oct 19, 2007

Status

Completed

Estimated Total Budget

$60,000,000.00
(Project budget includes all project-funded activities)

Last Updated Date

Nov 30, 2016

Project Estimated Start Date

Mar 15, 2009

Project Description

The project, in collaboration with the World Bank, creates a facility, Global Index Reinsurance Facility (GIRIF), which IFC supports through investment and advisory services. The objective is to establish technical and intermediation capacity to reinsure weather-event and catastrophic-event risks, and to create the policy background from a regulatory viewpoint.