The firms told reinsurer Swiss Re that the growth will be higher than before the Covid-19 pandemic, with most of them expecting Asia's HNW market to expand by 10 per cent to 20 per cent.
Their optimism stems from the belief that emerging Asia is set to outperform other regions.
In 2023, economic growth in emerging Asia was more than 6 per cent. Swiss Re expects this to be just under 6 per cent in each of the next two years.
Esta historia es de la edición October 09, 2024 de The Straits Times.
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