Cover Story : Rising CAT Exposures in Asia – Quality Data Crucial
Source: Asia Insurance Review | Dec 2008
With global warming bringing about increasing havocs to our planet, resulting in escalating natural disasters around the world, insurers are all too aware that while historical data can be unreliable, the lack of quality data is even more perilous. Examining this challenge at the 7th Asian Catastrophe Insurance Conference held in Ho Chi Minh City, Vietnam in July, more than 100 insurance delegates discussed and debated the challenge of rising catastrophes in Asia, and how improving data quality, helping society adapt and working with regulators are the basic steps needed now. Ms May Low, our Conference Reporter, gives an account of the event.
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