Life Insurance in Asia
Winning in the Next Decade
Wiley (Publisher)
Published on 17. February 2009
Book
Hardback
244 pages
978-0-470-82440-5 (ISBN)
Article exhausted; check for reprint
Description
The Asian life insurance industry is truly entering an inflection point. Coming off massive growth from the past several years, the industry has suffered greatly, along with the rest of the financial industry, in the 2008 financial crisis. Most life insurers across Asia have lost tremendous value in the wake of the crisis; a few are in significant distress. It is important not to lose sight of the longer-term outlook though: fueled by macroeconomic factors such as the emergence of the middle class, high savings rates, and the growing need to save and invest for retirement, Asia's life insurance market is expected to grow at double the rate of the US and European market over the next decade. The time now is ripe for insurers to establish regional partnerships to access these markets. This authoritative book analyses the life insurance landscape in Asia, including traditional life insurance, bancassurance, etc. It comprehensively overviews the Asian insurance industry, based on extensive research provided by the authors on business opportunities and key success factors. This is an accessible yet authoritative guide to a key market opportunity.
Reviews / Votes
" Life Insurance in Asia: Winning in the Next Decade is an introduction to booming Asian life insurance markets and a comprehensive analysis of what it takes to capture emerging opportunities. Drawing on the research and experience of authors Dr. Stephan Binder and Joseph Luc Ngai, this is an important book for anyone involved in the Asian insurance industry." ( Smart Investor , Malaysia, March 2009)More details
Language
English
Place of publication
Chichester
United Kingdom
Publishing group
John Wiley and Sons Ltd
Target group
Professional and scholarly
Illustrations
Illustrations
Dimensions
Height: 229 mm
Width: 163 mm
Thickness: 22 mm
Weight
596 gr
ISBN-13
978-0-470-82440-5 (9780470824405)
Copyright in bibliographic data is held by Nielsen Book Services Limited or its licensors: all rights reserved.
Schweitzer Classification
Other editions
New editions

Book
12/2012
2nd Edition
Wiley
€67.90
Article exhausted; check different version
Additional editions

E-Book
09/2012
2nd Edition
Wiley
€58.99
Available for download

E-Book
09/2012
2nd Edition
Wiley
€58.99
Available for download
Persons
Dr. Stephan Binder is a director in McKinsey's Shanghai office and leader of the Insurance Practice in Asia. He has been with McKinsey since 1995 and is an advisor to many of the region's leading insurance companies and banks, with a long track record of successfully working with leading local companies and multinationals in Asia, Europe and North America. Stephan has made frequent publications and is a prominent speaker at conferences on financial services topics. A German national, he holds a Ph.D from the University of Munster and a Master of Business Administration and Economics from the University of Witten-Herdecke. Joseph Luc Ngai is a partner in McKinsey's Hong Kong office, and a leader in McKinsey's Financial Institutions Practice in Asia. He has advised many leading domestic and multinational insurers and banks in Asia, leading large-scale turnarounds as well as acquisitions. He is a sought-after speaker on financial topics, and has appeared in many leading industry conferences as well as in the media. He is active in community projects and sits on the board of several non-profit organizations in Hong Kong. A Hong Kong native, he holds an AB from Harvard University, a JD from Harvard Law School, and an MBA from Harvard Business School.
Content
Acknowledgments. Preface. 1: Life Insurance in Asia: Winning in the Next Decade. 2: Emerging Themes in Asia. 3: China and India: Yes, Size Does Matter. 4: Japan: New Tricks in an Old Market. 5: Asian Tigers: Maturing Markets Still Going Strong. 6: Southeast Asia: Back on a Growth Trajectory. 7: Australia: Light at the End of the Tunnel? 8: The Next Decade: What it Takes to Win in Asia. Appendix. Notes. Index.