Life insurance premiums in emerging Asian markets will rebound in 2013, growing by 10 percent in real terms, according to "Global re/insurance review 2012 and outlook 2013/14," a study from Swiss Re. Globally, life insurance premiums will recover to 3.2 percent in 2013 and 3.9 percent in 2014, the study said.

Term life insurance will provide opportunities for growth due to regulatory changes and low investment yields, which will continue to slow the growth of savings products, Swiss Re said. In many crucial emerging markets in Asia, including India and China, gaps in health protection will further drive consumers toward risk protection products. India, for example has a potential shortfall of $43.6 billion in 2020, and China has a potential shortfall of $73 billion in 2020; such gaps will drive consumers toward risk protection products, Swiss Re said.

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