Structuring of the Caribbean Water Utility Insurance Company (CWUIC SP)

To support the structuring of the Caribbean Water Utility Insurance Company (CWUIC SP) as a segregated portfolio within the Caribbean Catastrophic Insurance Facility (CCRIF SPC). CWUIC SP will be created as an insurance vehicle specifically for insuring water utilities in the Caribbean for natural disasters. CWUIC SP can result in economies of scale that reduce costs and allow the utilities to obtain reinsurance on improved terms.

Project Detail

Country

Regional

Project Number

RG-T4105

Approval Date

August 25, 2022

Project Status

Implementation

Project Type

Technical Cooperation

Sector

WATER AND SANITATION

Subsector

INTEGRAL MANAGEMENT OF WATER RESOURCES

Lending Instrument

Lending Instrument Code

Modality

Facility Type

Environmental and Social Impact Category (ESIC)

Total Cost

USD 300,000.00

Country Counterpart Financing

USD 0.00

Original Amount Approved

USD 775,000.00

Financial Information

Operation Number	Lending Type	Reporting Currency	Reporting Date	Signed Date	Fund	Financial Instrument
ATN/CF-20783-RG	Sovereign Guaranteed	USD - United States Dollar	Feb. 17, 2025	Aug. 25, 2022	Common Account - COFAB	Nonreimbursable
ATN/MA-19464-RG	Sovereign Guaranteed	USD - United States Dollar	Feb. 17, 2025	Aug. 25, 2022	Multidonor AquaFund	Nonreimbursable

Operation Number

ATN/CF-20783-RG

Lending Type: Sovereign Guaranteed
Reporting Currency: USD - United States Dollar
Reporting Date: Feb. 17, 2025
Signed Date: Aug. 25, 2022
Fund: Common Account - COFAB
Financial Instrument: Nonreimbursable

Operation Number

ATN/MA-19464-RG

Lending Type: Sovereign Guaranteed
Reporting Currency: USD - United States Dollar
Reporting Date: Feb. 17, 2025
Signed Date: Aug. 25, 2022
Fund: Multidonor AquaFund
Financial Instrument: Nonreimbursable

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Implementation Phase

https://www.iadb.org/document.cfm?id=EZSHARE-187280198-17

TC Document

TC Document.pdf

Aug. 29, 2022

English