Bright growth outlook despite challenges
Source: Asia Insurance Review | Jun 2013
Premium income in the Asia-Pacific region will virtually double to EUR925 billion by 2020, with almost half of the growth in primary insurance coming from this region. Munich Re's Dr Michael Menhart looks at the opportunities the region will offer over the next few years and highlights some of the challenges the industry may face, while Mr Bernd Kohn gives his views on how this development will affect the reinsurance industry.
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