Catalog

Review of the Partial Risk Guarantee of the Asian Development Bank

On 30 January 2001, the ADB Board approved a change of name of this instrument from Partial Risk Guarantee to Political Risk Guarantee.

View the document [ PDF: 184kb | 23 pages ]. To read, you need Acrobat.

Contents

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1. INTRODUCTION

2. AN OVERVIEW OF THE POLITICAL RISK INSURANCE (PRI) MARKET

1. Types of PRI Investment Coverage
2. Major Underwriters in the PRI Market
3. Premium Rates and Loss Histories of Major PRI Underwriters

3. REVIEW OF ADB’S PARTIAL RISK GUARANTEE (PRG) PROGRAM

1. Existing Policy Framework for PRGs
2. Review of Experience

4. RECOMMENDATION FOR CHANGES TO ADB’s PRG

1. Redefining the Coverage of the PRG Instrument
2. Defining the Fee Structure
3. Covering Interest
4. Introducing a PRG Prudential Limit
5. Introducing a Coguarantee Program and a Collaboration Program
6. Improving the Product Name
7. Improving Communications with the Market and Potential Users
8. Creating a PRG Focus Group
9. The Use of ADB’s Financing Instruments and Staff Implications
10. Summary of Proposed Changes to the PRG

5. POTENTIAL BENEFITS OF THE PROPOSED PRG PROGRAM

6. CONCLUSION

APPENDIXES [ PDF: 64.7kb | 11 pages ]