Wildfires and floods cause billion-dollar economic loss in Asia Pacific in the first quarter of 2025: Aon Report

Wildfires and floods cause billion-dollar economic loss in Asia Pacific in the first quarter of 2025: Aon Report

George Attard, CEO for Reinsurance Solutions for APAC , Aon In the APAC region, the protection gap was much higher with 95 percent of the losses not covered. Increases in population density in coastal areas, wealth and overall exposure to natural hazards in high-risk...