SINGAPORE (Dec 12): Insurers across Asia-Pacific are widely experimenting on ways to capitalise on near-term opportunities and drive long-term growth for the industry, according to the EY insurance outlook 2019.

Amid weak global insurance sector growth, rising incomes and expanding populations have benefitted from the region’s life insurers, while the non-life sector has seen strong growth fuelled by overall economic growth in key markets.

According to Jonathan Zhao, EY Asia-Pacific insurance leader, markets across Asia-Pacific, especially China, will continue to influence the future of insurance, due to their intense focus on innovation and disruption.

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