Title: Closing the Natural Catastrophe Protection Gap; Jakarta
Date: 10 October 2014
Speaker: Mr Surendra Kumar Singupalli, Nat Cat Specialist, Property Treaty Underwriting
Mr SIngupalli presented on the issues related to Jakarta being confronted with a high risk from earthquakes and floods, and only a small part of the economy is insured. Without improved disaster preparedness, Jakarta could face a widening gap between economic and insured losses. The insurance industry must tackle together to secure the city's future development path.