India is fastest growing G20 insurance market, but the country accounts for US$31.1bn of the global US$113bn crop protection gap, according to Swiss Re data.
Growth in health, agriculture, and resurgence in motor underpin AM Best's 'stable' outlook for China's non-life sector, but market faces drop in underwriting profit and slowing economy.
Against the backdrop of devasting natural catastrophes, China's State Council is seeking to reduce the country's protection gap with expansion of insurance products in small towns, rural areas, and for...
A model created by Lloyd's predicts that a food supply shock event could result in between US$3 trillion to US$18 trillion in global economic losses, with Greater China and APAC most vulnerable.