Munich Re: Infrastructure underwriting needs solid foundations
Source: Asia Insurance Review | Jan 2015
With a host of government-driven infrastructure projects pointing to a very positive outlook for infrastructure insurance in Asia, Mr Christoph Hoch, Chief Executive for Greater China and CEO of Munich Re's Hong Kong office, told Asia Insurance Review that risk commensurate pricing is paramount when taking such risks on the books. Mr Roman Boos, senior underwriter for special and financial risks, Munich Re, also shares how the company is able to provide coverage for unplanned cost increases in construction projects, a first in the industry.
By Gregory Taylor, AIR correspondent, Northeast Asia
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