XI-IATI-WBTF-TF071362
World Bank Trust Funds
Southeast and Central Europe Technical Assistance for Catastrophe Risk Insurance Facility (SECE CRIF)
The Fund Development Objective is to support the establishment of the Catastrophe Risk Insurance Facility (CRIF), a cat re-insurance pool to be owned by countries of South Eastern and Central Europe (SECE) with the aim to increase in this region the number of homes and SMEs insured against earthquakes and floods by the private insurance market. SECE CRIF will be registered under the name of Europa Reinsurance Facility Ltd and will be managed by a special purpose insurance services company selected through a global tender.
State Secretariat for Economic Affairs, SECO
World Bank Trust Funds
HIS-Sustainable Development Sector Unit
1202-458-7916
1818 H St, NW, Washington DC - 22036
+![cdata[Water sector policy and administrative management]]+
+![cdata[Formal sector financial intermediaries]]+
8571424.19
8537681.47
Incoming Funds (Cumulative Paid-In Contribution )-as of June 30th, 2020
State Secretariat for Economic Affairs, SECO
Southeast and Central Europe Technical Assistance for Catastrophe Risk Insurance Facility (SECE CRIF)
8571882.51
Incoming Commitment(Cumulative Signed Contribution)-as of June 30th, 2020
State Secretariat for Economic Affairs, SECO
Southeast and Central Europe Technical Assistance for Catastrophe Risk Insurance Facility (SECE CRIF)
-458.32
Incoming Commitment(Signed Contribution cancellations/Adjustments) - for February , 2022
State Secretariat for Economic Affairs, SECO
Southeast and Central Europe Technical Assistance for Catastrophe Risk Insurance Facility (SECE CRIF)
158900.35
Allocation to Bank executed activities - as of June 30th, 2020
Southeast and Central Europe Technical Assistance for Catastrophe Risk Insurance Facility (SECE CRIF)
Europe, regional
8205835.00
Outgoing Commitment ( Total Grant Allocated Amount to Project ) - as of June 30th, 2020
Southeast and Central Europe Technical Assistance for Catastrophe Risk Insurance Facility (SECE CRIF)
Europe, regional
-4297.02
Allocation to Bank executed activities ( Cancellation/Adjustments ) - for February , 2021
Southeast and Central Europe Technical Assistance for Catastrophe Risk Insurance Facility (SECE CRIF)
Europe, regional
-417.51
Outgoing Commitment ( Grant Allocated Amount Cancellation/Adjustments ) - for April , 2021
Southeast and Central Europe Technical Assistance for Catastrophe Risk Insurance Facility (SECE CRIF)
Europe, regional
-69939.71
Allocation to Bank executed activities ( Cancellation/Adjustments ) - for February , 2022
Southeast and Central Europe Technical Assistance for Catastrophe Risk Insurance Facility (SECE CRIF)
Europe, regional
XI-IATI-WBTF-P156455
World Bank Trust Funds
SEE Catastrophe Risk Insurance Facility TA SECO
The Project Development Objective (PDO) is two-fold: (i) to scale up access of homeowners, farmers, the enterprise sector and govern ment agencies to affordable insurance covering losses to property and crops caused by climate change and geological hazards in Alban ia, FYR of Macedonia and Serbia, and (ii) expand the offering of innovative catastrophe insurance products developed under the SEE C RIF project to Bosnia and Herzegovina.
Southeast and Central Europe Technical Assistance for Catastrophe Risk Insurance Facility (SECE CRIF)
Southeast and Central Europe Technical Assistance for Catastrophe Risk Insurance Facility(SECE CRIF)-Parallel Trust Fund of TF071362
State Secretariat for Economic Affairs, SECO
Mr Eugene Nikolay Gurenko
Short Term Consultant
1202-458-7916
1818 H St, NW, Washington DC - 22036
Europe regional
+![cdata[Formal sector financial intermediaries]]+
11056559.46
2851141.97
Incoming Commitment (Total Grant Allocated Amount) - as of June 30th, 2020
Southeast and Central Europe Technical Assistance for Catastrophe Risk Insurance Facility(SECE CRIF)-Parallel Trust Fund of TF071362
Europe, regional
8205835.00
Incoming Commitment (Total Grant Allocated Amount) - as of June 30th, 2020
Southeast and Central Europe Technical Assistance for Catastrophe Risk Insurance Facility (SECE CRIF)
Europe, regional
-417.51
Incoming Commitment ( Grant Allocated Amount cancellation/Adjustments ) - for April , 2021
Southeast and Central Europe Technical Assistance for Catastrophe Risk Insurance Facility (SECE CRIF)
Europe, regional
10915984.98
Disbursement(Total Recipient-Executed Trust Funds Disbursements ) - as of June 30th, 2020
World Bank Trust Funds
140991.99
Disbursement(Recipient-Executed Trust Funds Disbursements ) - for August , 2020
World Bank Trust Funds
-417.51
Disbursement(Recipient-Executed Trust Funds Disbursements cancellation/Adjustments ) - for November , 2020
World Bank Trust Funds
Implementation Completion and Results Report
Implementation Completion Report Review
Implementation Status and Results Report
Implementation Status and Results Report
Implementation Status and Results Report
Implementation Status and Results Report
Intermediate Results Indicator
Amount of reserve financed
PDO Indicator
Number of insurance companies offering catastrophe insurance products developed under the project to public
PDO Indicator
Financial sustainability of Europa Re