PROJECT

Projects

Summary of Advisory Services Project Information

Project Number

599136

Primary Business Area

Access To Finance

Disclosure Date

Nov 21, 2013

Country

Indonesia

Region

East Asia and the Pacific

IFC Approval Date

Sep 1, 2013

Status

Completed

Estimated Total Budget

$654,640.00
(Project budget includes all project-funded activities)

Last Updated Date

Mar 8, 2022

Project Estimated End Date

Dec 31, 2015

Project Description

IFC will provide advisory services to PT. Asuransi MAIPARK (a national private re-insurer for earthquake risks in Indonesia) in the following areas: (i) support the technical design and development of an earthquake index insurance (EQII) product; and (ii) build the capacity of MAIPARK and selected financial institutions to administer, price, and distribute the EQII product to the retail market segment.

Development Results