ORIGINAL PUBLICATION HERE NUR-SULTAN – Kazakhstan’s First President Nursultan Nazarbayev briefed the April 25-27 Belt and Road Forum for International Cooperation in Beijing on the country’s infrastructure development and transport potential. “Over the past ten years, Kazakhstan has invested about $30 billion on infrastructure development, transport and logistics assets and competence. Almost 3,000 kilometres of […]

ORIGINAL PUBLICATION HERE ‘Dry port’ pins its hopes on foreign investors to spur faster growth A worker at Khorgos Gateway, which operates a container terminal on the border between Kazakhstan and China, directs a crane as it unloads steel coils from a container. (photo by Wataru Suzuki) KHORGOS, Kazakhstan — One of the most ambitious projects in China’s […]

ORIGINAL PUBLICATION HERE The Great Stone industrial park outside Minsk currently feels like an empty monument to political ambition, but with increased involvement from Chinese investors and Beijing’s backing it still has potential.  Flags branded with the China Merchants Group logo flutter along wide, empty roads as we make our way from the administrative headquarters […]

ОРИГИНАЛЬНАЯ ПУБЛИКАЦИЯ ЗДЕСЬ Кабмин утвердил стратегию по снижению риска бедствий в Узбекистане, главная цель которой — защита населения и территорий от чрезвычайных ситуаций. Кабинет Министров 12 апреля утвердил стратегию достижения целей «Сендайской рамочной программы по снижению риска бедствий на 2015−2030 годы» и национальный план по ее реализации, сообщила Norma.uz. Цель стратегии — повышение эффективности реформ в сфере комплексной защиты населения и территорий от бедствий и существенное сокращение к 2030 году числа погибших и пострадавших, а также […]

ORIGINAL PUBLICATION HERE Disaster risks and costs are on the rise in Asia, a region where under-insurance is still the norm and spending by government’s on contingent sources of disaster risk financing relatively scarce, leading the Asian Development Bank (ADB) to call for more to be done. Among the issues cited as requiring more focus, […]

ORIGINAL PUBLICATION HERE Disaster risks and costs are on the rise in Asia, a region where under-insurance is still the norm and spending by government’s on contingent sources of disaster risk financing relatively scarce, leading the Asian Development Bank (ADB) to call for more to be done. Among the issues cited as requiring more focus, […]

ORIGINAL PUBLICATION HERE 中国香港(2019年4月3日讯)— 亚洲开发银行(亚行)年度经济旗舰报告《2019年亚洲发展展望》表明,亚洲地区面临的灾害风险不断增加,亚洲发展中国家急需建立应对机制,在灾害发生前通过完善规划、制定政府预算并鼓励保险投入,增强应对能力。 亚行首席经济学家泽田康幸(Yasuyuki Sawada)先生表示,“每五个受自然灾害影响的人中有四个生活在亚洲。虽然近年来亚洲率先减少灾害风险,但仍需采取更多行动,从而在国家和社区层面着手解决脆弱性问题并制定应对措施。” 灾害通常更容易对贫困和边缘家庭、小企业以及太平洋岛国等小而偏远的国家造成重大影响。尽管气候变化加剧了自然灾害,快速城镇化也使风险不断增加,但自1980年以来,亚洲地区仅有8%的自然灾害获得了保险赔偿。

ORIGINAL PUBLICATION HERE HONG KONG, CHINA (3 April 2019) — With the region facing ever-higher disaster risks, developing Asia urgently needs to build its resilience before catastrophe strikes through better planning, setting aside government budget, and encouraging insurance, says a new research produced as part of the Asian Development Bank’s (ADB) flagship economic publication, the Asian Development […]

ORIGINAL PUBLICATION HERE As China grapples with the twin issues of increasing natural hazards and low insurance penetration, the economic progress it achieves tends to be annihilated. Catastrophe bonds can be a viable solution to this problem. Asia Insurance Review spoke with two insurance-linked securities experts to discuss the feasibility of CAT bonds as a risk […]