Participating (par) insurance products represent a significant proportion of the life insurance business in many Asian markets. The contribution of par products toward the overall business varies in each market, for multiple reasons. This report provides a comprehensive overview of par business from three different perspectives:

1. A regional view, focusing on how countries compare with each other, identifying common themes 
2. A brief analysis of par by country, highlighting the major issues, changes, and regulations that define the local business environment
3. A detailed country report for eight par markets: China, Hong Kong, India, Indonesia, Malaysia, Singapore, Sri Lanka, and Thailand