Tag: asia insurance market

The Rising Popularity of Micro Insurance In Asia

Guest Author
Micro Insurance Asia

When it comes to the world of micro insurance… Asia has been enjoying a 40% annual growth in recent years. Despite the red-hot performance, though, the overall coverage of the populations of Asia and Oceania doesn’t even reach five percent. The Asian market for micro insurance is only getting started. The potential is limitless. What Is Micro Insurance, Anyway? Micro insurance covers low-income households, most often ones found in developing nations. As a rule, the target demographic are the poor, and in most cases people who have been overlooked by…

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Property and casualty insurance industry will continue holding strong

Julie Campbell
Property and Casualty Insurance

Moody’s has released its global predictions and has suggested that P&C will remain stable. Moody’s Investors Service Inc. has now released its predictions regarding the global property and casualty insurance industry, and they have designated its future as being “stable” for the next while. This data was first released at the end of last week as Moody’s provided its industry forecasts. Moody’s put out its “2014 Outlook – Global P&C Insurance” report and, within it, the firm showed that property and casualty insurance premiums will be continuing their growth within…

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HSBC EXPANDS INSURANCE BUSINESS INTO BEIJING

Guest Author

HSBC Life Insurance Company Limited (HSBC Life), a 50:50 joint venture between HSBC Insurance (Asia) Limited and Beijing-based The National Trust Limited, marked the official launch of its insurance operations in Beijing in a ceremony held today after receiving a licence to offer HSBC insurance products in the city recently. HSBC Life has been operating in Shanghai since August 2009. HSBC’s expanded insurance presence in China will enable HSBC and Hang Seng Bank customers across a combined 14 outlets in Beijing to access a comprehensive range of HSBC insurance solutions…

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