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The "Act locally, think globally" mantra works

Source: Asia Insurance Review | Sep 2012

What do you do when a seemingly never-ending climate of financial volatility dampens your profit margins and expansion plans? Asia Pacific might lure you with its booming economies and burgeoning middle class, but competitors are aggressively upping their ante in the region too. The answer, says Dr Axel Theis, Global CEO of Allianz Global Corporate and Specialty (AGCS), is to go local.

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