Time of Event

Session 1: 15 April 2025 (11:00–13:00, Japan Standard Time (JST))
Session 2: 13 May 2025 (11:00–13:00, JST)
Session 3: 17 June 2025 (11:00–13:00, JST)
Session 4: 15 July 2025 (11:00–13:00, JST)
Session 5: 12 August 2025 (11:00–13:00, JST)
Session 6: 9 September 2025 (11:00–13:00, JST)

Summary

The protection gap and risk resilience remain pressing concerns in Asia, where exposure to natural hazards, diverse income levels, and large informal sectors contribute to coverage challenges. This gap is further widened by high out-of-pocket medical costs, low insurance penetration, and financial stress, particularly in densely populated countries. Additionally, cultural factors, such as the filial duty of supporting family members, often reduce the perceived necessity of insurance.

To address these challenges, coordinated efforts from governments, insurers, and stakeholders are essential. Key actions include expanding access to affordable insurance and healthcare, improving financial literacy, and investing in social protection systems. By closing the protection gap and implementing risk-resilient policies, countries in the region can better shield their populations from economic shocks and unforeseen crises.

The Webinar Series on Risk Resilience and Protection Gaps is targeted toward working-level officials.

  • Session 1: Building Risk Resilience Through Addressing Protection Gaps
  • Session 2: Pre-Requisites for Developing Solutions
  • Session 3: Solution to Addressing Protection Gaps – Part 1
  • Session 4: Solution to Addressing Protection Gaps – Part 2
  • Session 5: Solution to Addressing Protection Gaps – Part 3
  • Session 6: Getting Ready to address Protection Gaps

Objectives

  • Build awareness of protection gaps and how they are related to economic and social resilience.
  • Enhance understanding of various approaches and solutions to addressing protection gaps, including how insurance can play a key role.
  • Enhance awareness and knowledge of these approaches and solutions and the requirements for developing them.

Target Participants

  • Working-level officials from ASEAN+3 countries who are nominated by the members of the ASEAN+3 Task Force Meeting
  • Working level officials from ASEAN+3 countries from ministries other than the ministries of finance and central banks, who are involved in financial risk management, insurance, social security, and disaster risk financing

Output

  • Improved understanding of protection gaps and how better risk resilience can lead to economic and social growth and development.
  • Enhanced knowledge of viable solutions for addressing protection gaps, such as insurance and financing facilities.

How to Register

By invitation or prior arrangement with ADBI

Partners

  • Global-Asia Insurance Partnership (GAIP)
  • ASEAN+3 Task Force Meeting Members

Event Contact

  • Joy Blessilda F. Sinay Capacity Building Specialist Capacity Building Asian Development Bank Institute E-mail contact form
  • Seonghwan Lee Capacity Building Specialist Capacity Building Asian Development Bank Institute E-mail contact form