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Latesha Milo's Blog.

Latesha Milo - Axis Capital Group Insurance

AXIS is a global insurer and reinsurer, providing clients and distribution partners with a broad range of specialized risk transfer products and services.
Category: Business | Created 2015-06-29

Tags: Latesha Milo, Axis Capital Group Insurance

Axis Capital Group Insurance Update: Asian Bi-annual Report

Last Updated 2015-06-29 - 05:18:27 (CET)
With the great rise in business development and industrial growth in Asia, asset values are generally enabling insurers to pay higher premium for increased protection levels. Not that the risk is higher but people have been slowly realizing the importance of private insurance. Life and non-life insurance have high number of patrons across the continent with the highest of mobile insurance policies provided in Jakarta, Indonesia and Bangkok, Thailand; life insurance in Singapore and health insurance in Seoul, South Korea and Vietnam.

Review of this past 6 months activity shows that regional gross domestic product (GDP) growth is projected to remain solid at 5.4%-5.5% this year and rebound to 5.5% - 5.8% in 2015. Inflation is also expected to remain benign across much of the region, except in India and Indonesia, where monetary policy will remain tight to fend off inflationary pressures.

For the next 6 months remaining of 2015, major developing countries are expected t... more

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