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Summary

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Asian growth over recent decades has been the result of the unlocking of the market. Future growth will now come from moving up the value chain and developing more sophisticated strategies to economic expansion. This trend will be driven by an increased use of R&D and a better implementation of best practices in manufacturing and services. What is true for the wider economy is also true of insurance. The role of the Swiss Re Institute is to help insurers in the transition to the deeper integration of research and data into their operating models.