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Asia's Insurance industry set to boom Print E-mail

New Straits Times  8 March 2010

SINGAPORE : Asia's Insurance Industry is set to boom thanks to rising incomes, a growing middle class and ageing populations, explaining the allure behind Prudential's costly bid for AIA, analysts said.

And cultural biases that have made insurance a taboo subject in Asia, because of its association with death, are also fast disappearing, they said.

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Last Updated ( Monday, 08 March 2010 )
 
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