HALF OF ASIAN BUSINESSES HAVE NO LIABILITY INSURANCE SAYS QBE

Asia’s corporate market is significantly under-protected against liability risks according to a recent study by QBE insurance.

The report Risk in Regret revealed that roughly half of Asian companies have no business liability insurance at all.

The report however shows that majority of Asian businesses have some form of insurance notably property and casualty, but less than half have invested in any kind of liability coverage.

The research leading to the report shows that liability risks are among the most unrecognized and under-protected issues in the region.

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