In our latest survey of life insurers in Asia, we polled 80 companies in the region to get their views on the current and future rider landscape. The results are shown by question, together with commentary on the key findings. We then follow with some considerations for achieving a sustainable rider growth strategy and end with some concluding remarks. Aspects of the survey include:
- The most commonly sold riders and distribution channels used,
- Rider attachment rates and strategies to increase rider penetration,
- Key risks associated with selling riders,
- The impact of IFRS 17,
- Areas of untapped potential