国际保险监督官协会（IAIS）：2025年自然灾害保险保障缺口对金融稳定的潜在影响报告（英文版）

This special topic edition of the Global Insurance Market Report (GIMAR) explores the potential financial stability implications of NatCat protection gaps and examines their drivers, trends and impacts through a combination of theoretical analysis and case studies. The findings of this report highlight the importance of coordinated global efforts to address NatCat protection gaps. While the historical case studies of NatCat events in this report did not lead to financial instability, widening