Arup Kumar Chatterjee

Principal Financial Sector Specialist, Sustainable Development and Climate Change Department

With over two decades of experience in this area, Arup is responsible in his current role for leading financial sector development initiatives in the areas of insurance, private pensions and contractual savings, and financial inclusion. Previously, he worked at the Bank for International Settlements in Basel, Switzerland, and the Insurance Regulatory and Development Authority in his native India.

Results 11 - 16 of 16

A family of farmers in Lao PDR.

Why people don’t buy insurance in Asia

Insurance is often viewed as a product of the sophisticated, capitalistic system of the West, and those who are outside this cultural group are less likely to value insurance protection. Asians, who rely on informal insurance such as a family network, are thus typically less focused on buying insurance.

Arup Kumar Chatterjee

An image of the quake devastation in Kathmandu, Nepal.

Why we should buy earthquake insurance

After the recent catastrophe in Nepal, it’s time for homeowners in Asia and the Pacific to decide whether or not to purchase earthquake insurance. On one hand it could happen tomorrow, on the other it may not happen for another 80 years – so is it a gamble we are willing to take?

Arup Kumar Chatterjee