Asia-Pacific Insurance Outlook: The New Wave

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Asia-Pacific Insurance Outlook: The New Wave

by Ernst & Young, 25 March 2011

topics:
Management Risk Management

tags:
bancassurance Ernst & Young growth opportunities IFRS insurance rapidly developing economies

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Ernst & Young anticipates further regional evolution, but not revolution, in Asia-Pacific markets in 2011. Early movers may especially benefit by their immediate actions, while the insurers who wait to discern the short-term mistakes of others may similarly attain valuable traction.

Key issues that will influence insurers looking to share growth in 2011:

Adjusting and expanding distribution strategies amid shifting demographics and consumer buying patterns.
Developing strategies to shape and comply with the heightened pace of local and global regulatory and accounting developments.
Developing dependable capital sources required to support accelerating business growth.

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Ernst & Young

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