In many Asian countries, the burgeoning of a subset of the population—the elderly--is presenting economic challenges tied to Asian pension systems. Because the systems are not providing an adequate retirement income for this subset, there are opportunities for insurers to enter the market with solutions.
So says Celent's new report, “Pensions in China, Hong Kong, and Singapore: Opportunities for Insurers,” which discusses insurance companies’ role in the financial support market in mainland China, Hong Kong, and Singapore.
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