Asia’s high-net worth (HNW) market will reach 10-20% growth in the next 2-5 years, higher than before the pandemic, insurers and brokers in Singapore and Hong Kong predict.
Swiss Re reports that the optimism stems from the belief that emerging Asia will outperform other regions.
In 2023, economic growth in emerging Asia was more than 6%. Swiss Re expects this to be just under this in the next two years.
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