SEADRIF Insurance Company and the Food and Agriculture Organization of the United Nations (FAO) have launched an anticipatory drought insurance pilot in the Lao People's Democratic Republic (Lao PDR). This marks the first time a Southeast Asian government has secured pre-arranged financing designed to activate ahead of drought impacts. The pilot provides the Lao Ministry of Finance with access to payouts triggered by early warning data indicating elevated drought risk, before

Philippine President Ferdinand Marcos Jr called on ASEAN bloc members to ensure regional energy security and resilience, as he opened the 48th ASEAN Summit Retreat in Cebu on 8 May. He urged ASEAN members to ensure regional energy security and resilience, saying: “ASEAN must strengthen coordination and reinforce preparedness, [and] pursue practical collective measures to safeguard a stable energy supply and improve interconnectivity, all the while advancing alternative and re

The insurance industry and the business community in ASEAN are at a crossroads of transformation, with ASEAN remaining as a symbol of...

The ASEAN insurance regulators meeting held in Ha Long, Vietnam, on December 5, 2023. The session discusses the regulatory initiatives to...

ANDREWS meeting on Agricultural and State Asset Insurance held at Bao Viet headquarters on December 4, 2023 in Hanoi, Vietnam. Among the...

The ASEAN Insurance Council (AIC) invited member-companies to attend the 5th ASEAN Insurance Summit (AIS) to be held on 05 December 2023...