The sheer speed and scale of Asia’s demographic transition will deprive the region of one of the main drivers of its past economic success.
Arup Kumar Chatterjee
Arup Chatterjee is Principal Financial Sector Specialist at the Asian Development Bank responsible for leading financial sector development initiatives and providing operational support in financial sector reform and development, regulatory and supervisory oversight architecture, insurance, pensions, financial inclusion, and Fintech. In addition, he has advised on disaster risk financing, agriculture insurance, health insurance, pensions and social security reforms, SME financing, and Takaful in Asian, African, and Latin American countries.
In his over three and half decades of work, he has traversed across insurance and reinsurance operations, financial sector policymaking, and regulations in Asia, Africa, and Latin America.
He has earlier served with the International Association of Insurance Supervisors at the Bank for International Settlements in Basel, Switzerland, Insurance Regulatory and Development Authority of India, and the Ministry of Finance, Government of India.
Connect with Arup via Twitter @chatarup
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Insurance companies, pension funds, and other institutional investors in Asia and the Pacific can pave the way to a resilient and sustainable future.
Contractual savings institutions, such as mutual funds, pensions, and insurance companies, can drive investments that offer financial returns while creating social and environmental impact.
Crop insurance is a valuable climate adaptation tool for disaster-prone countries like Bangladesh.
Blockchain can provide a secure, transparent, and verifiable mechanism to establish provable good faith in insurance transactions.
Business interruption insurance is an essential tool for business continuity. How small and medium-sized enterprises handle post-disaster disruption could be the difference between reopening their doors or closing them for good.
For the country to take full advantage of financial technology, 3 significant steps need to be taken.
Emerging fintech players are reshaping the ways small businesses can access working capital and cash flow finance.