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International

Asian nations pursue growth of catastrophe insurance and reinsurance markets

December 01, 2014 Reprints

Asian nations are working to grow their catastrophe insurance and reinsurance markets, Artemis.bm reports.

China, India, Indonesia and the Philippines, among other nations, are currently involved in catastrophe risk and insurance initiatives. Established reinsurers globally have been seeking to tap new opportunities in Asia. But, growth in this space in the region is restricted by factors such a lack of data on catastrophe losses, reports Artemis.bm.

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Asian nations pursue growth of catastrophe insurance and reinsurance markets

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