China and India lead new market opportunitites says Swiss Re

China and India will lead new insurance markets says Swiss ReResearch from Swiss Re confirms that China and India are the most promising of the emerging insurance markets. Non-life premiums collected in emerging markets are expected to double from $123 billion in 2003 to around $250 billion by 2014, at constant prices. Life premiums will increase even faster from $188 billion to $450 billion over the same period, the study says. Research from Swiss Re confirms that China and India are the most promising of the emerging insurance markets. Non-life premiums collected in emerging markets are expected to double from $123 billion in 2003 to around $250 billion by 2014, at constant prices. Life premiums will increase even faster from $188 billion to $450 billion over the same period, the study says.

Clarence Wong, head of economic research and consulting Asia, comments: “Impressive growth prospects for emerging markets are putting them at the frontier of insurance. Among the emerging markets