When introduced,
the new premium tax deduction system for Earthquake Insurance on Dwelling Risks
is expected to increase the ownership of earthquake insurance policies because
paid premiums will now be tax-deductible, thus enabling the policyholders to
prepare for potential loss or damage to be caused by the future earthquakes.
Mr Makoto Kawagoe, Deputy Manager, International Department of the General
Insurance Association of Japan (GIAJ), explains what this system entails.
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Mr Peter Zimmerli,
Natural Hazards Expert, Swiss Re Asia, looks at catastrophe exposures in China,
a market that has undergone impressive development and economic growth in recent
years, but one that remains relatively underinsured from natural disasters.
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Mr Praveen Gupta,
FCII, General Manger, Bajaj Allianz General Insurance in India, gives a personal
assessment of the value of risk management of brands in the wider business scene.
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