While the banking sector has made significant progress extending access to credit and savings to the 3 billion people in the emerging middle class, this population remains particularly vulnerable to risk but lacks effective safety nets, such as insurance. The estimated size of the microinsurance market is 3-4 billion policies and $30-40 billion in annual premium revenue.
Multi-Asset Insurance Strategist Tim Antonelli, CFA, FRM, recently conducted some climate research and co-authored a Wellington whitepaper titled “Muni market climate risk: Hidden perils, untapped opportunities (ARG1)” In this interview, Tim offers some of his key takeaways for insurers
Wellington Management Company LLP
Swiss Re Institute
Allianz Global Corporate & Specialty
Allianz Global Corporate & Specialty
