India's proposed National Health Protection Scheme, which aims to provide coverage to 100 million households, is estimated to require an annual premium per family of INR1,000 (US$157) to INR1,200.
New business premiums in the Malaysian life industry grew by 3.8% in 2017 to MYR10,119 billion (US$2,584 billion), according to data released yesterday by the Life Insurance Association of Malaysia (LIAM).
The Indian government is planning to slow down population growth, even as the United Nation's World Population Prospect report last year said that India's population would exceed 1.4 billion and surpass China's by 2024.
Collaboration with external partners as well as product simplicity are key factors in reaching out to more insurance customers in Indonesia, said panelists at an industry event in Jakarta yesterday.
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