“Steady Ground, Secure Futures - Disaster Risk Insurance for a Stronger Southeast Asia”
SEADRIF's 2024 Annual Report offers a comprehensive overview of our results, operational expansion and strengthened governance as we advance our mission of supporting financial resilience against climate shocks and disasters across Southeast Asia.
We invite all stakeholders to explore this report to gain insights into our journey so far and identify opportunities for collaboration in strengthening the risk financing ecosystem in Southeast Asia.
US$3 million rapid payout to Lao PDR following Typhoon Yagi floods, supporting recovery for over 350,000 people — all disbursed within six days. This milestone demonstrates the product’s speed and reliability in delivering timely post-disaster support.
The formal establishment of the Initiative marked a significant step forward in SEADRIF’s governance, strategic direction, and operational capacity.
Expansion of the SEADRIF Insurance Company Board from three to five Directors to reinforce independent governance.
Seven new partnerships with regional and global organizations, including collaboration with the Philippines on public asset protection and disaster risk finance.
Operating expenses dropped over 25%, driven by stronger internal capacity and streamlined operations. Despite spending less, the Company expanded its partnerships and visibility, demonstrating greater efficiency.
Terms of Reference
Please read the ToR for Monitoring & Evaluation Consultant here.
