Closing the Gap: Underinsurance in Asia's Industrial Sector
Published: 03-Apr- 2012 | Comments: 0
Investment in Asian infrastructure projects continues to grow exponentially. Many of these projects, however, are not adequately insured, with organizations insuring their assets by as much as 60% less than their true current replacement value.
Businesses, industries and economies across Asia cannot be sustained over the long term unless the level of underinsurance is reduced.
This paper explores factors contributing to underinsurance, possible solutions, and the reasons a business should view accurate and regular insurance valuations as a vital tool in their risk management armory.
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