Asia Pacific is one of the interesting and tough markets in the world. With a young population and population-level dynamic push strong urbanization and significant growth in terms of revenues throughout this region.
Strong exports which affects the economy significant improvement in Asian countries also have a positive impact to the performance of the life insurance industry in the region.
International Monetary Fund (IMF) predicts that in the next two years Asian will experience stronger economic growth. In 2014, economic growth reached 5.4% Asian. This figure is better than the previous two years, respectively 5.3% and 5.2%.
As a life insurance company AIA Group Limited is headquartered in Shanghai, with its good performance and is also driven by economic growth in Asia continues to increase from year to year, making the insurance companies are still able to maintain its position at the top insurance companies in Asian competition.
Included also in Indonesia, with a very large population and economic growth as well, making the level of community awareness of insurance is also increasing. Due to the high potential, making this country a target for insurance companies in the world to develop the business.
As once stated by Chief Executive Financial Industry Supervision of Non-Bank Financial Services Authority (FSA) Firdaus Djaelani, the insurance industry in Indonesia is like a "pretty girl" who ogled many insurance companies from other countries.
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