Life: A greater emphasis on protection
Source: Asia Insurance Review | Sep 2014
A change in bancassurance regulation from 1 April this year is placing a greater focus on protection products. And while it is perceived that prospects in alternative distribution platforms could have even leapfrogged those in the western world, agency and bancassurance are still the dominant channels and will remain so for a while. Industry players share their views, and also where they see the prospects are.
By Benjamin Ang
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