AIR+15 May 2019

The insurance gap hasn't shrunk

| 15 May 2019

Cyclone Fani that devastated parts of India and Bangladesh in early May has again revealed a huge insurance gap in the South Asian region. The cyclone underscores the unpredictability of natural calamities and demonstrates that despite the pinpoint accuracy in tracking and predicting Nat CAT events, infrastructure remains woefully exposed to nature's onslaught.

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