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...
Digitalisation and government intervention are revolutionising the crop insurance markets in China and India, and the approach offers a model to help Southeast Asia bridge their agricultural protection...
The parties will cooperate to develop and expand insurance products in The Pacific, with the intention of replicating the model in other vulnerable areas, including Asia and parts of Africa.
Assistant Treasurer Stephen Jones and a delegation of key insurance leaders will engage in high-level discussions in London and Munich to address the growing protection gap due to extreme weather events...
Despite the increasing frequency of extreme weather events, insurance coverage for Nat Cats remains low at around 10% of economic losses, posing challenges for insurers and highlighting the need for proactive...
The Swiss Re Institute identified NatCat, agri, health, and mortality as four key perils - with the protection gap widening to US$1.8 trillion globally.
