Infrastructure Task Force (ITF)
The Infrastructure Task Force aims to increase the sectors and countries in which insurance investments could operate by exploring how insurers—working with development banks and others—can support the requirements for investment in resilient and sustainable infrastructure in emerging and developing countries.
It also provides a source of expertise to other public/private parties and, as required, assistance to other IDF Working Groups.
The activities of the Infrastructure Task Force are organised around the following activities:
The Infrastructure Resilience Development Fund (IRDF)
- Having developed and successfully launched the IRDF, the Task Force will assist with additional capital raising for the fund and the investment by the fund in infrastructure projects.
Regulatory and legal impediments to insurers investing in infrastructure projects
- This will include identifying and addressing regulatory and structural barriers, including capital charges and laws and regulations that affect the ability of insurers to make these investments. This work will be done in coordination with the LRRP Working Group.
De-risking mechanisms
- Working with the MDB, donor and the related community to develop and deploy risk-sharing mechanisms with a focus on political risk, financial risks, and macro risks.
Infrastructure Task Force (ITF) Leadership
Working Group members
AXA
AIG
Aviva
Convex
Dai Ichi
Generali
Hebert Smith Freehills Kramer
MIGA
Prudential plc
SCOR
Swiss Re
UNDP
WCM Advisory
Zurich Insurance Group