asia

Microinsurance is beginning to show the potential for growth that market participants and commentators have been predicting. At the heart of that growth is the provision of weather index linked insurance to farmers and businesses in developing countries.

To date the catastrophe bond market has not really taken off in Asia. There have been a number of transactions which have included Japanese quake and typhoon risk (such as Fhu Jin Ltd., Midori Re, Fujiyama Ltd. and the Atlas Re series a portion of which cover Japanese risks). However no cat bonds have been […]

Two topics discussed at the recent 25th East Asian Insurance Congress are of relevance to us and our audience. The congress was attended by more than 1,300 delegates from 40 countries across the world and they got together to discuss the issues within the insurance and reinsurance industry that impact Asia and the people who […]

Aon Benfield is warning insurers in Asia that they need to prepare for future ‘Supercat’ events of the size and magnitude of those experienced in the U.S. A supercat is defined as an event which generates an insured market loss of at least $10b.

Asian countries, and particularly China, India and Indonesia, are likely to face much higher losses from natural catastrophes in the future.