Catastrophe protection gap needs capital market support: Bernardino, EIOPA
Gabriel Bernardino, the soon to retire Chairman of the European Insurance and Occupational Pensions Authority (EIOPA), has highlighted the capital markets role in delivering catastrophe insurance that has fewer protection gaps. In an interview with Brink News, Bernardino explained the need for multi-peril catastrophe insurance and reinsurance coverage that protects against the uncovered portion of […]
Peak Re: Bridging the protection gap in emerging markets
Large and getting larger: Emerging Asia’s protection gaps The prevalence of under-insurance and non-insurance in emerging markets is well-documented.[1] The proverbial protection gap persists across different risks, from property to health and mortality, variously also extending to include longevity and liability. There are many reasons underpinning the large protection gap and low insurance penetration in emerging […]