THE SEADRIF INSURANCE COMPANY

Providing catastrophe risk insurance coverage


About

Background

The SEADRIF Insurance Company was incorporated in Singapore in April 2019 as a licensed insurance company under the Singapore Insurance Act. The Insurance Company is fully owned by SEADRIF member countries through Intertrust acting as Trustee of the SEADRIF Trust and regulated by the Monetary Authority of Singapore. It is governed by a Board of Directors comprising five professionals with decades of experience in the insurance industry.
Download Brochure

Catastrophe Risk Insurance Product

The Insurance Company has structured a new parametric sovereign disaster risk insurance policy for Lao PDR, the first in the world to use a unique trigger based on the cumulative government – reported  number of people affected across several types of disasters. This new model, which reimagines Disaster Risk Financing, can be expanded in the future to meet the demands of other countries in a changing regional landscape.

Learn more about how the new multiple perils product works

Learn More

Work with us!

SEADRIF Insurance Company is a unique, MAS-regulated Development Insurer, owned by ASEAN+3 member countries. We work with Ministries of Finance, MDBs, and global reinsurers to design and deliver disaster risk financing and insurance solutions that protect lives, public services, and fiscal stability across Southeast Asia.

As we expand our work, we’re recruiting for four key roles to strengthen our small, high-performing team:

  • Operations Lead – Anchor SEADRIF’s internal operations, board support, donor compliance, HR/IT, and organizational systems. [See terms of reference here for details.]
  • Operations Analyst – Support operational delivery, with a focus on donor processes and World Bank project requirements. [See terms of reference here for details.]
  • Communications, Outreach & Partnerships Lead – Build SEADRIF’s voice across ASEAN and globally, shaping narratives and managing key external relationships. [See terms of reference here for details.]
  • Head of Product – Technical ownership of new insurance product development, including client engagement, actuarial modelling, and pushing the boundaries on new risk finance solutions. [See terms of reference here for details.]

These roles are hands-on, mission-driven, and offer the opportunity to help shape one of the world’s most innovative public–private disaster risk finance platforms.

  • Location: Flexible across Southeast Asia (remote-friendly).
  • Applications will be reviewed on a rolling basis, starting Monday September 15, 2025. This will remain open until the right candidates are identified.
  • Apply via email to contact@seadrifinsurance.com with your resume and a short statement of interest.

Join us in building climate and disaster resilience for the region.

Board of Directors

The SEADRIF Insurance Company is governed by a Board selected and appointed by members of the SEADRIF Sub-Trust A.

Dr. Yoshihiro Kawai

Non-Executive Director and Chair of the Board

Chair of the OECD Insurance and Private Pension Committee; Chair of the Global Asia Insurance Partnership (GAIP)

Dr. Kawai brings a wealth of both industry and policy experience to SEADRIF. After starting his career in the insurance industry and the government of Japan, he spent two decades leading high level international policy and spearheading insurance regulatory developments at the International Association of Insurance Supervisors (IAIS).

Dr. Kawai currently also serves as Chair of the OECD Insurance and Private Pension Committee; Chair of the Global Asia Insurance Partnership (GAIP); Advisor to the Commissioner, Japan Financial Services Agency (FSA); and Member of the International Advisory Council, China Banking and Insurance Regulatory Commission (CBIRC). He is also Adjunct Professor at the Graduate School of Management, Kyoto University and Visiting Professor at the Graduate School of Public Policy, Tokyo University.

Ms. Hien Anh Than

Board Director


Ms. Than brings a wealth of board governance and executive management experience in the financial and insurance sectors to the SEADRIF Insurance Company.

Hien Anh was on the Board of Directors at Baoviet Holdings (BVH), Vietnam's largest financial conglomerate, and Chair of the Board of Bao Viet Life. She was also the Vice Chairperson at the Insurance Association of Vietnam (IAV). 

Over nearly 30 years, Hien Anh has built a prominent career in the Vietnamese financial services and insurance industry, including reinsurance, general insurance, life insurance, and asset management. She has held multiple senior positions, including Chief Executive Officer (CEO) of Baoviet Life, Chair of the Board of Tokio Marine Bao Viet Joint Venture, as well as Baoviet Holdings Group Chief Strategy Officer (CSO) and Chief Risk Officer (CRO).

Hien Anh is a Chevening Scholar with an MBA from the University of Birmingham, UK.
She is a Fellow of the Financial Services Institute of Australia (FINSIA). 

Ms. Su Hoong Chang

Board Director


Ms. Su Hoong Chang brings a wealth of experience and insights from her work with regulatory bodies, international financial institutions, and national authorities.

Over 30 years, Ms. Chang has built a distinguished career in both the public and private sectors.

In her most recent appointment with the Monetary Authority of Singapore (MAS), Ms. Chang served as the Chief Representative of MAS in Beijing. She led the office in enhancing connectivity between the financial sectors of China and Singapore. Over her 15-year tenure with MAS, she held various leadership roles including Head of the Internal Audit Department, Director of the Securities Regulatory Development Division, Deputy Director of the Supervisory Policy Department, and Assistant Director of the Insurance Department.

As a Senior Financial Sector Expert with the International Monetary Fund (IMF) in Washington, D.C., Ms. Chang contributed to the IMF’s global financial stability surveillance.

Her private sector experience included managing regulatory affairs/policy and conduct risk of a major bank, Principal/Director of a regulatory/compliance consultancy firm, Finance Manager with a reinsurer and tax consultancy with a public accounting firm.

Mr. Benedikt Signer

Executive Director and Board Director


Mr. Benedikt Signer has been a core part of the SEADRIF Insurance Company team since March 2023, acting as an Advisor to the Board in the areas of strategy, organizational and product development, partner and country engagement, public-private partnership and operational management.

Mr. Signer brings a wealth of knowledge and experience in Disaster Risk Finance, combined with deep insights from his extensive experience working with governments and development partners in the region.

Over a decade at the World Bank, he supported more than 20 countries in actively managing potential losses from climate and disaster shocks across Southeast Asia and other regions. He was closely involved in the creation and implementation of multiple global initiatives, including co-leading the Global Risk Financing Facility (GRiF) and supporting the design of the G7-V20 Global Shield against Climate Risks. He co-led the establishment of the World Bank’s Financial Protection Academy which has by now reached over 30,000 people in more than 100 countries.

Mr. Signer has advised the Asian Development Bank as a technical team leader and worked with select global universities and private sector organizations. He is involved in several non-profit technology organizations around climate and sustainability.

Mr. Heddy Pritasa

Board Director


Mr. Heddy Pritasa brings with him 30 years of experience in the insurance industry in Indonesia and the ASEAN region, marked by significant achievements and leadership in various strategic roles.

In his most recent role as the Technical Director of PT Reasuransi MAIPARK Indonesia, he spearheaded strategic and business development initiatives that benefitted MAIPARK and its clients. His responsibilities included formulating internal strategic insurance technical aspects in collaboration with business partners and delivering superb technical services.

Mr. Pritasa also served as the Chairman of the ASEAN Natural Disasters Research and Works Sharing ASEAN Insurance Council (ANDREWS AIC), where he set mutual goals for best practices and strategic initiatives for natural disaster research and knowledge exchange among ASEAN member countries.

Additionally, Mr. Pritasa led the Technical Committee team within the State-Owned Property Insurance Consortium of Indonesia (KABMN). He guided the team in formulating, implementing, expanding, and monitoring technical insurance aspects and practices, thereby enhancing the consortium's effectiveness and reach.

Company Management

The management of the Insurance Company and its functions are outsourced to competitively selected professional service providers in Singapore. Third party service providers include the insurance manager, asset manager, reinsurance broker, and calculation agent. The Insurance Company conducts its operations in line with its constitution and the SEADRIF Operations Manual adopted by member countries.

View SEADRIF Insurance Company Annual Report

Select document to download

Latest news

 Unlocking Regional Insights: Best Practices in Climate and Disaster Risk Financing in Cambodia and Indonesia August 4, 2025
SEADRIF participated in a study tour themed “Exploring Climate and Disaster Risk Financing and Insurance (CDRFI) options for Shock-responsive Social…
Read more
ໂຄງການລິເລ ີ່ມອາຊຽນ+3 ສປປ ລາວ ແລະ ບໍລິສັດ SEADRIF ລົງນາມການປະກັນໄພໄພພິບັດແຫ່ງຊາດ ທ ີ່ມການຈ່າຍສິນປະກັນໄພໂດຍອີງຕາມ ຜົນກະທົບທີີ່ຖືກລາຍງານ (Reported Impact Trigger) ຄັັ້ງທາອິດຂອງໂລກ July 18, 2025
ວຽງຈັນ, ວັນທ 18 ກໍລະກົດ 2025— ລັດຖະບານແຫ່ງ ສປປ ລາວ ໄດ້ລົງນາມໃນສັນຍາປະກັນໄພຄວາມສ່ຽງຈາກໄພພິບັດ ສະບັບໃໝ່ກັບບໍລິສັດປະກັນໄພ SEADRIF, ໂດຍນ າສະເໜວິທ ການທ ີ່ມ ນະວັດຕະກ າໃນການສະໜອງທຶນ ເພ ີ່ອຮັບມືກັບ ໄພພິບັດຂອງລັດຖະບານ.…
Read more
ラオス人民民主共和国と SEADRIF が世界初の「影響トリガー」付き主権災害保険契約を 締結 July 18, 2025
ビエンチャン、2025 年 7 月 18 日 — ラオス人民民主共和国政府は、SEADRIF 保険会社と新たな 主権災害リスク保険契約を締結し、公共の災害対応資金調達に革新的な手法を導入しました。 この 2 年間の複数災害対応保険契約は、洪水、熱帯性サイクロン、地震、地滑り、および関連す る災害に対して最大 1,600 万ドルの財政的保護を提供します。
Read more
1 2 3 … 16

Protect the greatest home of all: Our countries

Read about SEADRIF’s programs and products.
What we do