Reinsurance Capital and Alternative Capital: Working in tandem for global resilience!
Source: Asia Insurance Review | Dec 2016
A huge gap exists between economic and insured losses in emerging Asian insurance markets. As these markets now gradually develop and mature, alternate capacity providers come looking at them for investment opportunities . These providers, along with existing reinsurance capital, can support growth of an insurance culture, work towards bridging the protection gap and promote modelling and data analytics. This will help the Asian markets to develop resilience to face the growing threat of natural catastrophes.
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