While it may be tempting for newer entrants to grow market share by undercutting prices, Dr Peter Hugger, CEO of Echo Reinsurance Ltd, says he is focussed on doing it solidly through a good portfolio mix, and it helps that the shareholding company is a mutual group with a long-term view and does not exert pressure to grow rapidly. By Benjamin Ang
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A sub-plot in Asia's growth story is its growing customer debt and personal lending, a development that has brought Genworth Lifestyle Protection to the region. Mr Peter Barrett, the company's Global Managing Director, expects customers' need to protect their financial obligations to rise. Accordingly, demand for lifestyle cover will also go up, he says. By Manuelita Contreras
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