eC2: Development of quantitative and actuarial tools for disaster risk financing and insurance

Deadline:  22-Oct-2018 at 11:59:59 PM (Eastern Time – Washington D.C.)vn-communitybased-disasterrisk-780x439

The Disaster Risk Financing and Insurance Program (DRFIP) is seeking support from a firm in the specification, development and validation of quantitative and actuarial tools (likely in MS Excel). The tools will be used in disaster risk financing and insurance capacity building and decision making. The tools should draw on current international best practice in user interface design, user experience, visualization, transparency and quality in coding, and probabilistic financial and actuarial and economic analysis.

Each tool will be of varying complexity and dependent on the requirements and objectives of individual client and project needs. The initial tool envisaged is briefly described as follows:

– A tool to enable Government of Kenya make informed decisions regarding the structure of a sovereign risk transfer product (attachment point, exhaustion point, ceding percentage, premium, etc.) with the underlying (insured) risk based on the financial cost of scaling up the Kenya Hunger Safety Net Program.

See full tender here: Development of quantitative and actuarial tools for disaster risk financing and insurance

eConsultant2 website: https://wbgeconsult2.worldbank.org/wbgec/index.html

Tender notification: # 1259305

Assignment Countries:

– Philippines

– Pakistan

– Kenya

– Uganda

– Rwanda

– Sri Lanka

– Mozambique

– South Africa

– Serbia

– Fiji

– And others to be determined

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