FinanceAsia has determined Asia ex-Japan's largest life insurance companies by their total premium income for 2003. Our top 50 list is the first to be independently published for several years and conveys which companies are attracting the most business and generating the most revenues.
After a seven-year period of sector-wide fluctuation, 2003 will be remembered by life insurers as one of the more stable in recent years. Insolvencies levelled out and the larger insurance businesses witnessed dramatic premium growth for both domestic and foreign life insurers.
In China, life insurance penetration went from strength to strength, For the world's most populated nation, total written premiums edged...