News - Asia : Insurers must prepare for Asian ‘supercats’, warns Aon Benfield
Source: Asia Insurance Review | Nov 2010
Aon Benfield is warning insurers in Asia to prepare for future “supercat” events like those experienced in the US. A supercat event is defined as generating an insured market loss of at least US$10 billion and in Asia, is most likely to occur in Japan, China and South Korea.
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