Insurers targeting 'under-insured' Asia

News

Asia is viewed as a prime opportunity for expansion by reinsurance companies, as it is still 'under-insured' compared with Europe and the US, according to German reinsurance group Munich Re.

In terms of natural disasters, 34% of the 960 loss events worldwide, 49% of total global losses of $83 billion and 77% of global fatalities took place in Asia in 2007, according to research by Munich Re. Yet the region accounted for just 11% of the $26 billion of insured losses globally last year.

That may be

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have a Risk.net account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: