Business Chief APAC+ANZ Magazine May 2018 | Page 32

Healthcare insurance provision is big business across the globe so it is easy to see why Aetna International has identified Asia as being a key region in its overall growth strategy . Figures in The Economic Times last year estimate that the Asian healthcare market is expected to grow from $ 1.835trn in 2016 to over $ 2.66trn by 2020 , underlining why Aetna ’ s expansion in the region is rampant .
The company has been quite forthright about its aim to go ‘ broader and deeper ’ into local healthcare markets and the global insurer , which was founded in 1980 , believes the recent acquisition of Canadian Insurance Company ( CIC ) will prove vital in its attempts to penetrate within Asia .
32 May 2018