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New, emerging risks present opportunities for insurers: MAS

Central bank deputy MD points to cyber risk insurance as a critical component of comprehensive risk management

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The logo of the Monetary Authority of Singapore (MAS) is pictured at its building in Singapore in this Feb 21, 2013.

Singapore

EVEN as global economic growth remains sluggish and alternative capital floods the insurance sector, driving down premiums and narrowing profit margins, new and emerging risks present opportunities to the industry, especially in under-insured Asia.

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