China’s BRI has captured imaginations around the world since it was announced in 2013 and sparked plenty of debate. But what are the true risks at the heart of the $1 trillion investment project that hopes to create new economic corridors and facilitate global trade, and what are the insurance and reinsurance opportunities?

The construction of a $7bn high-speed railway across one of the poorest and least developed countries in South East Asia is fast becoming a symbol for China’s Belt and Road Initiative (BRI). Around a quarter of the Laos-China high-speed rail project has been constructed and it is on schedule for completion by 2021. When active it will link into the Thai and Malaysian rail networks, and eventually Singapore.

by Global Reinsurance in association with Trust Re.