把握亚太区保险行业的发展机遇.pdf

Making the Most of Asia-Pacifi c’s Insurance Boom The region offers huge opportunities for insurers, but the rules of engagement are rapidly changing. Making the Most of Asia-Pacifi c’s Insurance Boom Contents At a glance . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . pg. 2 Executive summary . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . pg. 2 1. The middle class is growing, and regulations are changing . . . . . . . . . . . . pg. 13 2. Distribution is becoming more digital . . . . . . . . . . . . . . . . . . . . . . . . . . . pg. 17 3. Ecosystems are taking hold . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . pg. 21 4. MA opportunities abound in evolving markets . . . . . . . . . . . . . . . . . . . pg. 25 i Making the Most of Asia-Pacifi c’s Insurance Boom At a glance A rapidly expanding middle class in Asia-Pacifi c’s developing markets is triggering explosive demand for insurance. Deregulation in China, India and other markets has lifted barriers to foreign ownership, creating new openings for multinational insurers. In this sprawling, diverse region, insurers that prosper will develop a repeatable formula for success, venturing only into markets that align with their core strengths. Winners will understand the increasing importance of digital distribution, ecosystems and the customer experience. Executive summary A region rich with promise Opportunities abound for insurers doing business in Asia-Pacifi c. In China, India and parts of Southeast Asia, households are accumulating wealth, and the middle class is expanding rapidly. Total household wealth in the region is on pace to outstrip North Ameri