CURRENT AFFAIRS

2021

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
As per the S & P Global Market Intelligence, which country has emerged as the largest insurance-technology market in the Asia-Pacific region?
A
Japan
B
India
C
China
D
Singapore
Explanation: 

Detailed explanation-1: -According to a survey by S&P Global Market Intelligence, China and India present nearly half of all private insurtech companies in the APAC region, attracting > 78% of all investments.

Detailed explanation-2: -"India is the second largest insurance technology market in Asia-Pacific. India has at least 66 insurtech companies and accounted for 35 per cent of the USD 3.66 billion in insurtech-focused venture capital invested in the APAC region.

Detailed explanation-3: -S&P Global Market Intelligence integrates news, comprehensive market and sector-specific data, and analytics into a variety of tools to help track performance, generate alpha, identify investment ideas, understand competitive and industry dynamics, perform valuation and assess credit risk.

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