More must be done to close the quake protection gap in Japan

30-10-2017

Although earthquake risk in Japan is relatively well understood and the industry performed well in the aftermath of the last big quake to hit the country, in 2011, more must be done to tackle the protection gap (the difference between the economic loss and the insured loss) and the extent to which insurance is used to protect certain risks.


Aon Benfield, SIRC, Japan, Earthquake, Rupert Moore, Insurance, Reinsurance

Intelligent Insurer