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DR-L1045 : Insurance Facility for Emergencies Caused by Catastrophic Natural Disasters
Project Status: Cancelled
The purpose of the operation is to finance the launch of insurance coverage of up to US$100 million to cover the incremental extraordinary public expenditures that could be incurred during emergencies caused by seismic activity and/or tropical cyclones of catastrophic intensity. The coverage will take the form of a parametric insurance policy that will transfer the risk to international financial markets.
Project Detail
Project Number
DR-L1045
Approval date
May 18, 2011
Project Country
Dominican Republic
Project Sector
FINANCIAL MARKETS
Project Subsector
INSURANCE MARKET DEVELOPMENT
Project Type
Loan Operation
Project Lending Type
SG
Project Modality
ESP (Specific Investment Operation)
Project Facility Type
Environmental and social impact category
B13
Project Status
Cancelled
Operation Number
2528/OC-DR
Financial Information
Project Number
DR-L1045
Project Status
Cancelled
IDB Financing
Financing type
SCF
Fund
Ordinary Capital
Reporting currency
USD - United States Dollar
Reporting date
Feb/28/2023
Roles & Responsibilities
Contract signature date
Jul/11/2011
Project Information
Total Cost
USD 24,000,000
Country counterpart financing
USD 0
Amount
USD 24,000,000
Preparation
Title
Type
Project Number
Date Published
Project Profile
DR-L1045
October 15, 2009
Approved
Title
Type
Project Number
Date Published
Loan Contract
DR-L1045
March 12, 2020
Loan Proposal
2528/OC-DR;DR-L1045
June 24, 2011
Loan Contract
2528/OC-DR;DR-L1045
May 18, 2011
Loan Contract
2528/OC-DR;DR-L1045
May 18, 2011
Loan Proposal
DR-L1045
May 03, 2011
Loan Proposal
DR-L1045
May 03, 2011
Loan Proposal
2528/OC-DR;DR-L1045
November 03, 2010
Loan Proposal
2528/OC-DR;DR-L1045
November 03, 2010
Loan Proposal
2528/OC-DR;DR-L1045
January 09, 2009
Implementation
Title
Type
Project Number
Date Published
Project Monitoring Report ( Public version)
DR-L1045
March 15, 2016
Project Monitoring Report ( Public version)
DR-L1045
March 14, 2016
Project Monitoring Report ( Public version)
DR-L1045
March 11, 2016
Project Monitoring Report ( Public version)
DR-L1045
March 10, 2016
Project Monitoring Report ( Public version)
2528/OC-DR;DR-L1045
October 31, 2013
Project Monitoring Report ( Public version)
2528/OC-DR;DR-L1045
October 31, 2013
Project Monitoring Report ( Public version)
2528/OC-DR;DR-L1045
October 31, 2013
Project Monitoring Report ( Public version)
2528/OC-DR;DR-L1045
October 31, 2013
Project Monitoring Report ( Public version)
2528/OC-DR;DR-L1045
May 07, 2013
Project Monitoring Report ( Public version)
2528/OC-DR;DR-L1045
May 07, 2013
Project Monitoring Report ( Public version)
2528/OC-DR;DR-L1045
May 07, 2013
Project Monitoring Report ( Public version)
2528/OC-DR;DR-L1045
May 07, 2013
Project Monitoring Report ( Public version)
2528/OC-DR;DR-L1045
December 11, 2012
Project Monitoring Report ( Public version)
2528/OC-DR;DR-L1045
December 11, 2012
Project Monitoring Report ( Public version)
2528/OC-DR;DR-L1045
December 11, 2012
Project Monitoring Report ( Public version)
2528/OC-DR;DR-L1045
December 11, 2012
Project Monitoring Report ( Public version)
2528/OC-DR;DR-L1045
May 14, 2012
Project Monitoring Report ( Public version)
2528/OC-DR;DR-L1045
May 14, 2012
Project Monitoring Report ( Public version)
2528/OC-DR;DR-L1045
May 14, 2012
Project Monitoring Report ( Public version)
2528/OC-DR;DR-L1045
May 14, 2012
Procurement Information
DATA ACCESS AND LICENSING
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