PROJECT

Projects

Summary of Advisory Services Project Information

Project Number

601736

Primary Business Area

Financial Institutions Group

Disclosure Date

Oct 24, 2017

Country

Indonesia

Region

East Asia and the Pacific

IFC Approval Date

Apr 26, 2017

Status

Active

Estimated Total Budget

$670,000.00
(Project budget includes all project-funded activities)

Last Updated Date

Oct 26, 2017

Project Estimated Start Date

May 1, 2017

Project Estimated End Date

Apr 30, 2020

Project Description

IFC will provide advisory services to PT. Reasuransi MAIPARK (a national private re-insurer for special risks in Indonesia) in the following areas: (i) support the technical design and development of at least one new insurance product to mitigate the risks faced by agri-lenders/businesses and individual farmers from adverse weather events; and (ii) build the capacity of MAIPARK and selected financial institutions to administer, price, and distribute the new product to the retail market segment.

Development Results

E&S Risks / Impacts and Mitigation