Health insurer Aetna expects double-digit growth in South-east Asia operations
Singapore
RISING affluence in South-east Asia, the region's growing middle class, coupled with regional or global expansion of businesses, will continue to drive demand for health insurance, Aetna International expects, and in turn fuel the double-digit growth the health insurer has experienced in the past few years.
Derek Goldberg, Aetna's managing director for the region, said South-east Asia has been Aetna International's fastest-growing market in the past four years, with membership or customer base surpassing that of Greater China and Europe. It now has the largest membership outside of the United States and the Middle East.
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Banking & Finance
Nomura, Mizuho face losses on All Blue fund’s failed trades
Stablecoin Tether steps up monitoring in bid to combat illicit finance
HSBC asked by US$890 billion investor group to set energy goal
Barclays is the latest firm to face anti-ESG wrath in Oklahoma
Barclays prices mortgage-backed notes in deal with GoldenTree
TD risks an earnings hit from US laundering probe, analysts say