Original Target Formally Actual Value Values (from Revised Achieved at Indicator Baseline Value approval Target Completion or documents) Values Target Years Indicator 1: Number of insurance companies participating in IBLIP Value quantitative or 0 4 7 Qualitative Date Achieved 2-May-2005 31- Mar-2016 Comments (inclu.% This target was surpassed (175%) achievement) Indicator 2: % of total soums in selected aimags offering IBLI Value quantitative or 0% 90% 100% Qualitative Date Achieved 18-Jan-2010 31- Mar-2016 Comments (inclu.% This target was surpassed (111%). 330 soums of 21 aimags. achievement) % of herders in contact with insurance agents offering LRI Indicator 3: Value quantitative or Qualitative 0% 60% 68% (Initial PDO) Date Achieved 2-May-2005 18-January-20109 Value quantitative or Qualitative 68% 60% 46% (Additional finance PDO) Date Achieved 18-Jan-2010 31- Mar-2016 Comments This target was not met (76%). For pilot Aimags where the project started 85% (inclu.% was achieved, whereas it was less than 50% in Aimags added in second phase, achievement) which reflects challenges with awareness raising in all 21 Aimags. Participating insurance companies provide contractual payments into LIIP and Indicator 4: LRI reserves as contractually required. Value quantitative or 0 100 100 Qualitative
Indicator Baseline Value Original Target Values (from approval documents) Formally Revised Target Values Actual Value Achieved at Completion or Target Years Indicator 1: Number of insurance companies participating in IBLIP Value quantitative or Qualitative 0 4 7 Date Achieved 2-May-2005 31- Mar-2016 Comments (inclu.% achievement) This target was surpassed (175%) Indicator 2: % of total soums in selected aimags offering IBLI Value quantitative or Qualitative 0% 90% 100% Date Achieved 18-Jan-2010 31- Mar-2016 Comments (inclu.% achievement) This target was surpassed (111%). 330 soums of 21 aimags. Indicator 3: % of herders in contact with insurance agents offering LRI Value quantitative or Qualitative (Initial PDO) 0% 60% 68% Date Achieved 2-May-2005 18-January-20109 Value quantitative or Qualitative (Additional finance PDO) 68% 60% 46% Date Achieved 18-Jan-2010 31- Mar-2016 Comments (inclu.% achievement) This target was not met (76%). For pilot Aimags where the project started 85% was achieved, whereas it was less than 50% in Aimags added in second phase, which reflects challenges with awareness raising in all 21 Aimags. Indicator 4: Participating insurance companies provide contractual payments into LIIP and LRI reserves as contractually required. Value quantitative or Qualitative 0 100 100
ICR-Main-Document-P088816-2016-10-13-10172016.docx