China’s Elderly are an Opportunity for Insurers

By Marius | Published April 27, 2012

China is heading towards an aging demographic disaster. By 2050, the powerful Asian nation is projected to be the oldest BRIC economy, with the number of senior citizens far outstripping the actual working age population. A new study out this week by the Boston Consulting Group (BCG) and Swiss Re argues that insurance companies could prove integral in addressing this aging issue, and that they should be actively planning on how they will capitalize on both the challenges and opportunities the graying Chinese population presents going forward.

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