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International

Belt and road projects to generate $28 billion of premiums: Swiss Re

April 23, 2018 Reprints

Swiss Re Ltd. said that the belt and road projects in economies outside China are likely to generate an estimated $28 billion in commercial insurance premiums by 2030, Ecns.cn reported. The reinsurer said that engineering, marine and cargo sectors are likely to drive the premium growth. Lloyd's of London said that belt and road trade and investments are likely to generate significant reinsurance opportunities for Chinese insurers in construction and cargo segments.

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Belt and road projects to generate $28 billion of premiums: Swiss Re

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