Munich Re and FMO sign a USD 500 million Risk Sharing Framework Agreement to scale up impact investing

Munich Re and FMO sign a USD 500 million Risk Sharing Framework Agreement to scale up impact investing

December 19, 2019

Impact investing
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FMO and Munich Re are pleased to announce the establishment of a new Unfunded Risk Participation Program which will allow Munich Re to invest in the SDG’s by participating in transactions of FMO for a total amount up to USD 500 million in the next three years.

This milestone agreement fully supports FMO’s ambition to scale up private sector mobilization and maximize funding towards developing countries in the Financial Institutions, the Energy and Agribusiness sector. It will allow FMO to provide more capital to our customers, supporting our mission to enhance local prosperity and offers an innovative way to draw capacity from private sector insurance companies towards supporting the poorest countries in the world.

The innovative partnership allows Munich Re, a global reinsurance group and one of the top providers of reinsurance, primary insurance, and insurance-related risk solutions in the world, to participate in the underwriting excellence of FMO. By creating an efficient way of credit risk underwriting via portfolio solutions, the agreement also serves as a blueprint for further public-private partnerships.  

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