AIA regional MD Watson bullish on prospects for 'under-insured' New Zealand

Mon, 29 Oct 2012

By Paul McBeth Oct. 29 (BusinessDesk) - AIA Group regional managing director Gordon Watson is upbeat on the prospects for the insurer's New Zealand business, saying the level of underinsurance means there are plenty of growth opportunities. Watson was in New Zealand last week as part of a whistle-stop tour of the country's he's responsible for, and is "really bullish" on the local business due to the lack of kiwis who have bought into life insurance. New Zealand has followed the rest of Asia, which, excluding Japan, is underinsured by some...

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