Southeast Asia Disaster Risk Insurance Facility

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World Bank assists on parametric Asian infrastructure disaster insurance pool

The World Bank is working alongside the governments of Singapore and Japan to establish a disaster insurance pool to cover infrastructure risks for Asian countries, with the facility set to provide coverage from later this year.The infrastructure focused disaster insurance facility is expected to be managed by the Southeast Asia read the full article →

Parametric disaster insurance facility for ASEAN to get Japanese funding

Japan is set to back and help fund the launch of the Southeast Asia Disaster Risk Insurance Facility, a parametric disaster insurance pool that will be established to serve ASEAN nations including Laos, Myanmar and Cambodia to begin with.The Southeast Asia Disaster Risk Insurance Facility (SEADRIF) is set for an read the full article →