A summit of the ASEAN group of countries in April, hosted in Malaysia, brought the bloc one step closer to realising plans to launch the ASEAN Economic Community (AEC) by the start of 2016.
Asia Economy
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Articles & Analysis | Although growth has slowed, Mongolia's insurance sector is evolving from The Report: Mongolia 2015
Recording steady expansion, the Mongolian insurance sector’s prospects are good despite the difficulties faced more generally in the economy. Premiums hit MNT93.9bn ($56.3m) in 2013, up from MNT79bn ($47.4m) in 2012 and MNT6.32bn ($3.8m) in 2003, according to the Financial Regulatory Commission (FRC). Other sector indicators, such as premiums...
Interviews & Viewpoints | D. Bolormaa, Former CEO, Bodi Insurance: Interview from The Report: Mongolia 2015
How has compulsory insurance increased awareness of products amongst the general population? What more can be done to raise awareness?
Articles & Analysis | Mongolia encouraging the development of microinsurance from The Report: Mongolia 2015
As is the case in many developing markets, insurance inclusiveness is becoming an area of interest in Mongolia. After years of pilots, experiments and one-off commercial efforts – and some notable successes – momentum is building and micro-insurance is set to go from a concept to a business. Considerable institutional and regulatory support is...
This chapter contains useful facts for visitors, a list of suggested hotels, as well as phone numbers for important contacts, including ministries, foreign missions and airlines. It also contains features pieces on Mongolian fine artist, G. Zanzabar, and the country’s unique tourism opportunities in its rural expanses.
Recording steady expansion, the Mongolian insurance sector’s prospects are good despite the difficulties faced more generally in the economy. Sector indicators, such as premiums per person, premiums per capita, total capital and total compensation, also suggest that the country’s insurance companies are in relatively good shape and growing fast. As in many developing countries, awareness and...