Gan Kim Yong, Singapore’s Deputy Prime Minister and Chair of MAS, unveiled plans to incentivise insurers' green infrastructure investments while expanding ILS market.
Corporate Risk & Broking expansion targets large corporates and firms with global interests, in specialty lines such as energy, marine, aviation, cyber, and construction.
Pool expected to achieve 100% coverage by year's end, but despite positive impact, external pressures appear to be widening Australia's protection gap.
