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Asia: Risk diversification will not suffice in the long run

Source: Asia Insurance Review | Aug 2013

Although insurers have come to deal with the disparity in expected loss and the high probability of it through risk diversification, that will not suffice in the long run, as insurers' peak risks keep growing and diversifying risks becomes more difficult, said Mr Michel Dacorogna, SCOR's Group Deputy Chief Risk Officer, at the Insurance Risk Research Conference 2013 held in Singapore recently.

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