$163bn Global Insurance Gap Identified
A global insurance protection gap of $163bn (£126bn) threatens the livelihoods of millions of people across the world, with poorer countries some of the most at risk. That is the latest warning from Lloyd’s of London, which found that around $160bn of assets in emerging economies remain underinsured – accounting for 96% of the total global insurance gap. According to the global underinsurance report, despite the general global economic growth in recent years, the insurance ga
