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International

Insurers get selective to mitigate cat exposure

May 31, 2019 Reprints

The Reserve Bank of New Zealand said that local insurers are increasingly using granular data on risk exposures and historical claims to price risks more accurately, Asia Insurance Review reported. The central bank said that risk-based pricing is expected to help insurers change levels of coverage and assess climate change risks in disaster-prone regions.

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Insurers get selective to mitigate cat exposure

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