AIG warns on rise in Asia-Pacific nat cat travel claims
Research from AIG Singapore suggests that high-impact incidents such as extreme weather events, virus outbreaks and socio-political volatility are the top emerging risks for Asia-Pacific travellers in 2017.
Over the last three years claims data from AIG Singapore shows an 85% increase in travel claims made for such incidents, with natural disasters being the costliest with an average claim amount of S$2
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