A seriously planned reconstruction is important, because many new issues have emerged after the disaster, such as gender issues and economic segregation.
Resosudarmo from The Australian National University explained about Disaster Index Insurance which is still rarely studied in Indonesia. Regional risk index-based insurance pays benefits based on a predetermined regional index.
In 2018, an experiment was conducted on the willingness to pay for insurance based on the flood index among about 800 households in Jakarta. The results of the study show that the demand for insurance based on the flood index is likely not small. Dr I Nyoman Mahaendra Yasa from Udayana University explained the issues and strategies for Bali’s economic recovery during the COVID-19 pandemic. The province of Bali is the province that has been hardest hit economically during the pandemic, due to its high dependence on the tourism sector.
