News for '-awakening-giants'

Risks high in life and non-life insurance: S&P

China and India are the two awakening giants in the Asia-Pacific region with their strong growth potential. Their low insurance-penetration rates and expanding economies also support the two countries' insurance industry credit profiles. Interest from international players has increased enormously with the countries' transition from a closed system with state-owned monopolies to a more open system with private and foreign-owned entities over the past two decades.