
Charting the path to close Asia's $1tn insurance protection gap
At the 2025 GAIP Summit, industry leaders and regulators highlighted the urgent need to close protection gaps across Asia, focusing on health and natural catastrophe
This playbook sets out, for the first time, a practical framework for how the insurance sector can engage in blended finance to close climate- and health-related protection gaps. It highlights three core roles for insurers — as risk advisors, (re)insurers, and investors — and shows how these can be applied across the blended finance deal cycle to mobilise capital for resilience, prevention, and recovery.
The playbook provides actionable guidance for the insurance sector, governments, and development partners to work together in this space — from upstream design and risk analytics to downstream implementation and investment.

At the 2025 GAIP Summit, industry leaders and regulators highlighted the urgent need to close protection gaps across Asia, focusing on health and natural catastrophe

Much of the region lacks adequate coverage for major risks, including healthcare expenses and losses from natural disasters, says Cheng Min Hung This article was

The Global Asia Insurance Partnership (GAIP) is delighted to announce that Nan Shan Life Insurance Co. Ltd. (Nan Shan Life Insurance) has joined GAIP as

By Min Hung Cheng 13 August 2025 Parametric insurance, a relatively new insurance mechanism that pays out upon predefined events rather than actual assessed losses,

By Min Hung Cheng 10 July 2025 In 2024, the Global Asia Insurance Partnership (GAIP) convened its inaugural GAIP Summit, with the support of the

Video 1: Motivation for Action at the National Strategic Level https://youtu.be/Y8EbDEXN9l0 Video 2: The Need for an Integrated Approach https://youtu.be/TUnGDfV-g8M Video 3: An Overview of
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