Strengthening Financial Resilience Tender

Scope :

In the Philippines, where the risk of natural disasters is high, this project aims to comprehensively and adequately insure public assets under the GSIS against such disasters, doing so by enhancing the ability of the GSIS to (1) evaluate appropriate replacement costs; (2) calculate risk-based insurance premium rates; (3) underwrite, control loss, and manage and procure insurance; and (4) raise awareness of and promote public insurance services, thereby contributing to the enhancement of the financial resilience of public assets against natural disasters.

Country Republic of the Philippines
Project title Project for Strengthening Financial Resilience of Public Asset to Natural Disasters by Improvement of Public Insurance
Planned implementation period 36 months
Executing agency Government Service Insurance System (GSIS)
Target region Metro Manila