FinanceDevelopment bank to urge Southeast Asia to close coverage gap as climate risks growFlooding in Bangkok. Asia faces a wide gap between insurance coverage and potential economic losses from natural disasters. (NurPhoto via Getty)JO ISHIBUCHIApril 30, 2026 05:01 JSTTOKYO -- The Asian Development Bank will provide disaster insurance alongside funding for infrastructure projects in Southeast Asian nations as early as next year, aiming to ease economic losses as climate risks mount, Nikkei has learned.