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Growth opportunities abound for insurers in South and Southeast Asia

Posted On: Mar. 29, 2023 9:11 AM CST

S&P Global Ratings Inc. said that the growth prospects for insurers looking to enter or expand their presence in the emerging markets of South and Southeast Asia are promising if they get the balance right, Asia Insurance Review reported. The agency believes that insurers that can modify their pricing and product strategies in the face of emerging risks and developing trends can stay relevant and ensure sustainable profitability.