ADB's Chatterjee on Insurance Sector Outlook

The video discusses the significant insurance protection gap in Asia, which is due to underdeveloped insurance markets and cultural factors. It highlights the role of insurance in managing climate risks and the challenges faced by the insurance sector in emerging markets, such as lack of capital and data. The importance of inclusive insurance for vulnerable populations is emphasized, along with the need for international standards and regulations to attract private investors.

What is the protection gap in Asia compared to the world average?

How do cultural factors influence insurance markets in Asian countries?

What role do insurers play in managing climate risk?

What challenges do emerging markets face in accessing capital and data for the insurance sector?

How can insurance be made more inclusive for vulnerable populations?