BBCNEWS Asia Business Report June 4, 2024 01:40:00
Is insured only roughly 8% of what might be required following a disaster. that leaves the country with a 93% insurance protection gap, far higherthan the global average of 54%. urgent solutions to plug this, through a public—private disaster pool, and improving awareness about insurance amongst small businesses are some of the things the report recommends to address this protection gap, as extreme weather becomes a recurrent phenomena in the world's most populous country. big business in the us banks
Source: archive.org