Magazine date:
Jan 2010 The life insurance subsidiary of Zurich Financial Services is hoping to triple its Asian revenues. Such revenues will account for 20% of the overall turnover in five years' time. Indonesia stands as a priority for the life insurer unlike India where legislation keeps changing regularly. In China, Zurich Financial holds 20% of New China Life and does not plan to invest in another Chinese company. In Taiwan, Singapore and Malaysia, the group is planning mainly organic development.