Nicaragua - Catastrophe Risk Insurance Project (English)

• Document Date

  2021/12/21

• Document Type

  Implementation Completion and Results Report

• Report Number

  ICR5710

• Volume No

  1

• Total Volume(s)

  1

• Country

  Nicaragua,

• Region

  Latin America & Caribbean,

• Disclosure Date

  2021/12/24

• Disclosure Status

  Disclosed

• Doc Name

  Nicaragua - Catastrophe Risk Insurance Project

• Keywords

  climate change and disaster risk; adverse effects of climate change; Disaster Risk Reduction and Management; Internal rate of return; Below the Poverty Line; Urban and Rural Development; access to international market; Natural Resource Management; Damage and Loss Assessment; Disaster Response and Recovery; national sustainable development; Catastrophe Risk Insurance; tropical cyclone; sovereign risk; excess rainfall; disaster risk management; risk transfer instrument; Public Financial Management; net present value; disaster risk financing; amount of insurance; climate change adaptation; cost risk; cost of participation; high public debt; impact of flood; insurance premium rate; financial risk transfer; Finance for Development; Insurance and Pension; international financial market; impact of disaster; theory of change; national road network; public debt sustainability; private sector financing; contingent credit line; reallocation of resource; diversification of instrument; market-based insurance products; attachment point; natural hazard; entrance fees; risk model; premium payment; catastrophe insurance; first year; catastrophic event; discount rate; financial instrument; diversified portfolio; insurance deductible; insurance policy; international reinsurance; financial protection; outcome indicator; project costing; extreme poverty; short-term liquidity; diversification benefit; excessive rainfall; Natural Event; meteorological events; intermediate outcome; contingent liabilities; contingent liability; national budget; protection strategy; disaster resilience; extreme event; climate finance; geophysical event; numerical value; intermediate indicator; credit proceeds; Exchange Rates

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• Language

  English

• Rel. Proj ID

  NI-Nicaragua Catastrophe Risk Insurance Project -- P149895

• Theme

  Natural disaster management

• Major Sector

  Financial Sector

• Topics

  Disaster Risk Management, Disaster Risk Financing and Insurance, Financial Sector Development, Earthquake, Cyclone,

• Historic Topics

  Social Development, Environment, Science and Technology Development, Conflict and Development, Urban Development,

• Historic SubTopics

  Financial Sector Policy, Disaster Management, Hazard Risk Management, Social Risk Management, Natural Disasters, Climate and Meteorology,

• Unit Owning

  Urban LCR (SLCUR)

• Lending Instrument

  Investment Project Financing

• Version Type

  Gray cover

• Product Line

  IBRD/IDA
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