Munich Re: Asia Market Hot

Lai, Iris
November 2008
Best's Review;Nov2008, Vol. 109 Issue 7, p13
Trade Publication
The article reports on the forecasts of Munich Re that climate change will bring several risks and openings for underwriting in Asian countries. The author stated that the impact of global warming on industries such as agriculture, forestry and commercial fishing is expected to rise. In addition, the database of 960 natural catastrophes of Munich Re showed that 34% occurred in Asia, accounting for 49% of overall economic losses.


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