Sunday 18 November 2018
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reliefweb - 27 days ago

World: Insurance gap threatens disaster-vulnerable poor nations - Lloyd s

Source: Thomson Reuters Foundation Country: World
Poor countries without insurance face crippling losses in the face of worsening floods, storms and other disasters By Megan Rowling BARCELONA, Oct 22 (Thomson Reuters Foundation) - Disaster-prone developing nations, including Bangladesh and Indonesia, are exposed to crippling losses when storms, floods or earthquakes strike because they suffer from a dangerous lack of insurance, industry experts said on Monday. Globally, assets worth about $163 billi

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