Regulators push for more stringent capital requirement

China accounted for 26.4% of emerging life business and 17.0% of emerging non-life business. India generated 23.0% of emerging life business, but only 3.7% of emerging non-life business

After years of growth and high expectation, emerging insurance markets are forecast to record slower growth rates in the next eight years. According to Swiss Re’s latest Sigma publication, emerging markets will increase between 7% and 10% for life business between 2008 and 2013 and to between 3% and 8% for non-life business during the same period.