News Asia26 Jun 2013

Asia:Industrial insurers urged to boost capacity for survival

26 Jun 2013

Industrial insurers will likely go out of business if they do not increase their existing capacities, particularly for the Fortune 500 companies, as the world's major industries head towards a huge consolidation process, said Mr Gregor Köhler, CEO & President of Pallas Versicherung AG, the insurance arm of Bayer Group, at the Asia Specialty Risks Summit in Singapore yesterday.

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