unexpected events gave rise to the formation of ADB’s intervention focusing on microinsurance development. This report provides … the initial sector assessment on emerging microinsurance activities and hopefully guidance on the way forward. …

Poverty reduction in the Asia and the Pacific region in 2005-2008 had been quite significant. Despite the global crisis …, an estimated 150 million people exited extreme poverty by 2008 - from 903.4 million in 2005 to 753.5 million, bringing … the percentage of people living under the $1.25 per day poverty line to 21.9% from 27.1% in 2005. Poverty reduction was …