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Insuring Asia, Product Design and Customer Segmentation: The young, the old and the very rich


Asia region economies are currently enjoying some of the highest growth rates in the world.

Several trends – economic, demographic, technological and more – are ramping up complexity in Asia’s many markets, sparking demand for a fuller range of savings, living benefits and protection products. RGA’s Michael Shin, CEO, RGA Korea, discusses these profound changes and rising protection needs.  



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



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

The Author

  • Michael Shin

    Senior Vice President
    RGA Hong Kong
    Chief Executive Officer
    RGA Korea
    Chief Marketing Officer
    RGA Asia
    Read bio >

Summary

Mr Michael S. Shin, CEO, RGA Korea, looks at the demographic trends shaping Asia and the need for insurers to adapt their solutions to the tech-savvy millennial, high net worth individual and the senior.
Download "Insuring Asia"
  • asset intensive
  • big data
  • capital-motivated
  • Critical Illness
  • high net worth
  • HNW
  • HNWI
  • impaired lives
  • innovation
  • insurance product
  • insurance product design
  • insurance-linked wellness
  • longevity
  • Long-Term Care
  • LTC
  • Michael Shin
  • pension risk transfer
  • personal wellness
  • PRT
  • senior lives
  • senior market
  • wearable medical device
  • wearable technology
  • wearables