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.
Vietnam's 2045 high-income aspirations are at risk due to severe flood threats from its extensive coastline and river deltas, impacting economic stability and foreign direct investments.
Estimated losses are small compared to 2011's Great East Japan Earthquake, with Fitch echoing announcements from Moody's and AM Best that the credit impact on non-life insurers should be manageable.
