http://www.nextbillion.net/newsroom/2007/02/12/insurers-seek-growth-in-developing-markets Comments for "Insurers Seek Growth in Developing Markets" en http://www.nextbillion.net/newsroom/2007/02/12/insurers-seek-growth-in-developing-markets <div class="flexinode-body flexinode-4"><span class="flexinode-timestamp-13"> February 12, 2007 - 14:00, </span> <span class="flexinode-textfield-14"> Wall Street Journal</span> <div class="flexinode-textfield-15"> Insurers Seek Growth in Developing Markets</div><br> <div class="form-item"> <label>Story Link:</label> <a href="http://online.wsj.com/article/SB117104813170803940.html?mod=todays_us_page_one">http://online.wsj.com/article/SB117104813170803940.html?mod=todays_us_page_one</a> </div> <div class="flexinode--41"> <strong>Teaser: </strong><br /> Seeking potential sources of future growth, AIG and its international rivals are racing to sell insurance in the developing world, from sprawling markets like India to smaller ones like Romania and Nicaragua. In remote areas, insurers must teach the concept of insurance to populations who have never bought any. Sometimes, as in parts of northern Uganda, the local language doesn&#39;t even have a word for it.<br class="clear" /></div> <div class="flexinode-textarea-6"> Last year, global insurance giant American International Group Inc. opened a garage-size office in this dusty town of about 50,000. Coming up soon here: a policy that insures a cow for a $10 annual premium.<br /><br />Seeking potential sources of future growth, AIG and its international rivals are racing to sell insurance in the developing world, from sprawling markets like India to smaller ones like Romania and Nicaragua. In remote areas, insurers must teach the concept of insurance to populations who have never bought any. Sometimes, as in parts of northern Uganda, the local language doesn&#39;t even have a word for it.<br class="clear" /></div> </div> http://www.nextbillion.net/newsroom/2007/02/12/insurers-seek-growth-in-developing-markets#comment Insurance Mon, 12 Feb 2007 15:00:30 -0500 Rob Katz 3847 at http://www.nextbillion.net