The insurance division of Zurich Financial is attracted by the Asian market

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.