Insurance and the crisis

Views expressed by various industry players during an interview with the Star:

Manulife

Outlook is positive. Consumers will be more prudent and long-term insurance products will be the preferred choice.

Allianz

Company can weather the crisis due to access to numerous best global practices.

Great Eastern's Insurance Agent

Harder to sell, consumers are more conservative and defer purchase. None has cancelled policy though.

Source: The Star