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Protection for Taiwan’s fast-aging population

Hands-long

Like most developed countries around the world, Taiwan’s population growth has slowed precipitously and its average age is rising fast. Cost-conscious buyers have been and continue to be more likely to purchase lower-cost, higher-earning savings products from life insurers as an alternative investment vehicle to build their assets. As a result, while insurance penetration is high, most families do not have sufficient insurance protection. This article examines opportunities and innovations.

 
Reprinted with permission of The Asia Insurance Review (AIR)
www.asiainsurancereview.com.
 
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  • dementia
  • mortality experience
  • mortality trends
  • aging Asia
  • diabetes
  • demographic trends