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Dec 2017

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Flying the insurance flag

Source: Asia Insurance Review | Dec 2017

The South Asian countries of Bangladesh, Bhutan, Maldives and Nepal are emerging markets with economic growth moving at a good pace. Likewise, their insurance industries are thriving. 
 
   We speak with various insurance players and a regulator, who all echo the common key challenge of a general lack of awareness of insurance. Even where it is known, it is perceived as something optional rather than as a need. Can a change of mindset be achieved by governments and insurers reaching out to the public? 
 
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