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Prudential report reveals ASEAN economic boost linked to life and health insurance growth

The “Beyond Coverage” study shows over 4 per cent GDP gains if insurance uptake increases by 50 per cent between 2023 and 2050

HONG KONG SAR - Media OutReach Newswire - 23 September 2025 - Expanding insurance coverage could increase economic growth across six ASEAN countries, adding over 4 per cent to GDP in key markets between 2023 and 2050, according to a study titled "Beyond Coverage – The Social and Economic Impact of Insurance in ASEAN", commissioned by Prudential plc ("Prudential").

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