Product Solutions
  • Articles
  • December 2016
  • 1 minutes

Cancer protection

A tale of two markets

By
  • Heng Yeow Lim
Busy Street
In Brief
In Korea, cancer product design may have been a contributor to some of the market’s poor early 2000s experience; Hong Kong cancer products are more varied and flexible than those in Korea; and both Korea and Hong Kong insurers as well as those in the rest of Asia, have demonstrated that cancer-only protection is an important product to offer.
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Cancer cover in both Korea and Hong Kong has taken more than a few paths over the past several decades. 

In Korea, cancer product design may have been a contributor to some of the market’s poor early 2000s experience; Hong Kong cancer products are more varied and flexible than those in Korea; and both Korea and Hong Kong insurers as well as those in the rest of Asia, have demonstrated that cancer-only protection is an important product to offer. With experience trends evolving rapidly, RGA's Amit Punchhi, Heng Yeow Lim and Candice Yam take a timely look at this increasingly essential cover.

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Meet the Authors & Experts

Author
Heng Yeow Lim
Head of Pricing, South East Asia, RGA Australia

References

Reprinted with permission of The Asia Insurance Review (AIR)
www.asiainsurancereview.com.