Milliman: Asia Rider Survey
May 10 2015In November 2014, Milliman conducted an online survey of life insurance executives to gauge their views on the current and future rider landscape in Asia. We received 139 responses and would like to express our sincere thanks to those who took the time to participate in the survey.
The survey participants represent a diverse range of markets at different states of maturity, and cover companies with different ownership structures, as seen in the two charts.
Both emerging markets and mature markets are well represented in the survey, with the most responses coming from Indonesia, China and Hong Kong, respectively. The size of the bubble is proportional to the number of respondents by country.
We received a mix of responses from local domestic insurers and European, North American and Asia-based multinationals/joint ventures.
The results of the survey are shown below, together with commentary on the key findings. We then follow with some considerations for achieving a sustainable rider growth strategy and concluding remarks.
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AIG’s McMurdo to join Steadfast MGA as CUO personal lines
- August 20
The move comes as the broking group's MGA division acquires AIG's HNW home and contents portfolio.
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QBE’s Hammond on transformation and growth
- July 2
The Asia chief executive discusses Covid-19, going digital and restructuring.
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Swiss Re: Nat cats and man-made disasters in 2018
- April 10
Climate change, increased urbanisation and a growing concentration of assets were on the risk agenda for 2018.
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Willis Towers Watson: 2019 Asia Market Report
- March 19
Economic uncertainty, more complex risks and tighter underwriting are all influencing Asia's markets.
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HSBC Asset Management | The hunt for diversification and performance revitalizes appetite for Asian currency bonds
With diversification and performance high on investors’ agendas, it seems a good time for global portfolios to revive allocations in Asian local currency bonds – including Hong Kong dollar (HKD) bonds.
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PineBridge Investments | Why Asian insurers are exploring private credit and CLOs
The recent rollout of risk-based capital regimes across Asia calls for a closer alignment between insurers’ assets and liabilities. We explore potential ways to maintain a healthy investment yield and robust returns on regulatory capital.
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Peak Re | Emerging Asia middle class: A catalyst for change
Rising demand for elderly care and women driving consumption growth mandate carriers to develop precise solutions to meet customer expectations.
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Guy Carpenter | Private equity’s reshaping of the Asian life sector has further to run
PE-backed reinsurers provide access to asset classes and investment expertise that often don’t exist within the traditional carriers themselves.