Insurers join World Bank to help small businesses in poorer nations

30th June 2020
Third World Industry

In June 2020 Aspen featured in the Financial Times as one of six insurers supporting a new World Bank initiative to channel billions of dollars of lending through financial systems in developing countries.

The initiative will allow the IFC to enlarge its own lending capacity by farming out part of the risk associated with lending to the private sector to six insurance companies: Munich Re, Liberty Mutual, Aspen, AXA XL, Everest and Tokio Marine HCC.

See the full piece online here.