The First Regional Technical Working Group (RTWG) on Disaster Risk Finance and Insurance (DRFI) was held from July 27th – 28th 2017 in Tokyo, Japan with participation from Ministry of Finance representatives from Cambodia, Lao PDR, Myanmar and Japan. With the support of the World Bank, the RTWG on DRFI was launched on May 5, 2017, with an aim to jointly conduct the feasibility and preparatory work toward the establishment of Southeast Asia Disaster Risk Insurance Facility (SEADRIF) - a regional catastrophe risk pool, proposed as a reinsurance-based disaster liquidity facility, providing participating countries with immediate financing for response in the aftermath of a natural disaster.