Cases on Insurance Companies

5.1 Trends in the Insurance Industry

In mature markets, the Life and Savings (L&S) market comprising traditional savings and unit-linked products, suffers when a low-interest-rate environment and economic uncertainty prevails. The annuity segment within the L&S market is declining as industry participants reduce benefits and increase charges in the variable annuity industry.

In high-growth markets in Asian countries (e.g., Hong Kong, Singapore, Thailand) and Latin American countries (e.g., Mexico), the L&S segment is seeing double-digit growth rates due to increased accessibility of insurance products and changing individual habits. Trends such as changes in regulations have affected the L&S insurance industry in ...

Get Strategies of Banks and Other Financial Institutions now with the O’Reilly learning platform.

O’Reilly members experience live online training, plus books, videos, and digital content from nearly 200 publishers.