News Non-Life10 Sep 2019

Only 9% of economic losses from catastrophes in Asia are insured:AIR

10 Sep 2019

Insured losses for catastrophes account for only about 9% of economic losses in Asia reflecting the very low insurance penetration in the region, revealed catastrophe modeling firm AIR Worldwide (AIR) in its 2019 'Global Modeled Catastrophe Losses' report. On the other hand, 24% of economic losses globally are insured.

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