Feature

Asia Pacific insurers urged to address data gaps to improve nat cat risk pricing

Industry experts highlight the importance of localised and granular data, with some suggesting more can be done by the region's carriers.

By Alfred Romann

August 29, 2024

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10 min read

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Market conditions continue to evolve as businesses review their priorities and plans for growth. The pace of change varies across the region, with local factors shaping how organisations respond.

Attention is turning to the balance between near-term opportunities and longer-term objectives. Decisions made today will help determine how businesses adapt as conditions develop.

While the outlook remains varied, the broader direction reflects a market adjusting to new demands. The implications will become clearer over time as plans move into practice.