Special Guest Feature on Catastrophe - A proposal to launch a pilot project to cover the “needy” in natural disasters in Asia(part 3)
Source: Asia Insurance Review | Jul 2009
In this concluding segment in a series of three parts, Mr Takeo Inokuchi, Senior Adviser of Mitsui Sumitomo Insurance and Industry Keynote Speaker at the 8th Conference on Catastrophe Insurance in Asia, shares his concept of how the pilot project of the fund, tentatively named Asian Catastrophe Fund (ACF), can work. He stresses that this is purely his personal idea and in particular, the payment limits and structure mentioned therein are only provisional.
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