INSURANCE EFFECTIVENESS: OBJECTIVES AND EXPECTATIONS

The presentation provides an overview on three questions that the APN funded project tries to address the poor penetration of risk insurance in the Asia Pacific region: Issue I: What are disaster risk reduction (DRR) and climate change adaptation (CCA) benefits (and costs) and how to assess insurance approaches for these benefits? Issue II: Despite ‘known’ benefits of insurance, what evidence do we have on how insurance is benefiting communities leading to a longer term DRR and CCA outcomes?Issue III: Should insurance be a go-to-tool for the most vulnerable and poor? Should we be looking for alternatives in a more proactive manner?