Long-Term Care in Asia

Asia, too, is faced with demographic change. Family sizes are decreasing, longevity is increasing and relying on filial piety solely as a means for taking care of one’s self in old age is no longer possible. Singapore has put a sustainable solution in place with "ElderShield". Munich Re provides support in the product design and promotes cooperation between the State and the private insurance sector.

http://www.munichre.com/en/reinsurance/magazine/topics_online/2010/03/lo...