Life Insurance in Asia: Winning in the Next Decade |  | Authors: Stephan Binder, Joseph Luc Ngai
Publisher: Wiley
Category: Book
List Price: $49.95
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Rating:  2 reviews
Sales Rank: 856720
Media: Hardcover
Pages: 230
Number Of Items: 1
Shipping Weight (lbs): 1.3
Dimensions (in): 9.1 x 6.2 x 1
ISBN: 0470824409
Dewey Decimal Number: 332
EAN: 9780470824405
ASIN: 0470824409
Publication Date: April 6, 2009
Availability: Usually ships in 1-2 business days
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Product Description
The Asian life insurance industry is truly entering an inflection point. Coming off massive growth from the past several years, the industry has suffered greatly, along with the rest of the financial industry, in the 2008 financial crisis. Most life insurers across Asia have lost tremendous value in the wake of the crisis; a few are in significant distress. It is important not to lose sight of the longer-term outlook though: fueled by macroeconomic factors such as the emergence of the middle class, high savings rates, and the growing need to save and invest for retirement, Asia's life insurance market is expected to grow at double the rate of the US and European market over the next decade. The time now is ripe for insurers to establish regional partnerships to access these markets. This authoritative book analyses the life insurance landscape in Asia, including traditional life insurance, bancassurance, etc. It comprehensively overviews the Asian insurance industry, based on extensive research provided by the authors on business opportunities and key success factors. This is an accessible yet authoritative guide to a key market opportunity.
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| Customer Reviews:
 An essential roadmap for life insurance in Asia June 28, 2009
Michael Goodall (Hong Kong)
With over 25 years industry experience in Australia but a new executive to the Life Insurance game in Asia I found this book the answer to all my questions. You would expect a book authored by two McKinsey consultants to be well researched and this book does not disappoint. Using facts and data gathered from across the region, the authors have constructed a compelling argument for the future direction of Life Insurance in this part of the world. An indispensible guide to the future that should not be ignored.
 Deeper insight missing March 8, 2010
M. Schneider
The book gives a good overview of the different market, but a deeper insight into markets is missing. Here less countries to cover would be more. Also a kind of conceptual approach showing the common issues/frameworks in markets would be a good additional value. Nevertheless worth to read the book to have a base knowledge or overview and some starting point where to dig deeper.
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