--- title: Middle-class in Emerging markets are more Optimistic: Peak Reinsurance Company (Peak Re description: The middle class in emerging markets are more optimistic about their financial well-being, social mobility and their children’s success image: https://www.centreforoptimism.com/hubfs/Happy%20children%20silhouettes%20on%20summer%20meadow%20running%20and%20jumping-1.jpeg --- ###### [Check out Our latest insights on Optimism](https://www.centreforoptimism.com/blog) [![Centre for Optimism_Logo](https://www.centreforoptimism.com/hubfs/Centre%20for%20Optimism_Logo.svg)](https://www.centreforoptimism.com?hsLang=en) - [Home](https://www.centreforoptimism.com) - [Subscribe](https://www.centreforoptimism.com/subscribe) - [Why Optimism?](https://www.centreforoptimism.com/whyoptimism) - [What is Optimism?](https://www.centreforoptimism.com/whatisoptimism) - [The Optimism Principle](https://www.centreforoptimism.com/blog/theoptimismprinciple) - [Need Optimism?](https://www.centreforoptimism.com/services-and-workshops) - [The Optimism Workshop](https://www.centreforoptimism.com/workshop) - [Victor Perton - That Optimism Man](https://www.centreforoptimism.com/victorperton) - [Magnetic Optimism for Organisations](https://www.centreforoptimism.com/magnetic-optimism-workshops) ![Close Icon (3)](https://www.centreforoptimism.com/hubfs/Close%20Icon%20(3).svg) ![Search (2)](https://www.centreforoptimism.com/hubfs/Search%20(2).svg) ###### [well-being](https://www.centreforoptimism.com/blog/tag/well-being) # Middle-class in Emerging markets are more Optimistic: Peak Reinsurance Company (Peak Re *"Middle-class individuals in emerging markets are more optimistic about their financial well-being, social mobility and their children’s success than their counterparts in mature markets."* A study published by Peak Reinsurance Company (Peak Re) claims "The growing middle class in Asia remains optimistic despite economic headwinds, and this presents significant opportunities for the insurance industry." "The survey, conducted by Peak Re and Intuit Research, surveyed seven emerging Asian markets – Malaysia, Indonesia, Thailand, Vietnam, Philippines, China and India – and three mature Asian markets – South Korea, Hong Kong and Japan." "The survey found that middle-class individuals in emerging markets are more optimistic about their financial well-being, social mobility and their children’s success than their counterparts in mature markets. Emerging Asia’s middle class is also more health-conscious and more aware of the heavy financial burden of medical expenses. In terms of personal finances, respondents from emerging Asia are also more confident about their financial literacy and more disciplined about spending and saving. This optimism is reflected in the fact that more of them have ambitions to become entrepreneurs or expect employers to improve work-life balance."   [![Worth Doing: Our 5-Minute Survey on "What makes you Optimistic?"](https://no-cache.hubspot.com/cta/default/21889975/3fe2583c-4bf7-44c7-b2c7-b0a950f65f53.png)](https://cta-redirect.hubspot.com/cta/redirect/21889975/3fe2583c-4bf7-44c7-b2c7-b0a950f65f53) [Written by Victor Perton](https://www.centreforoptimism.com/blog/author/victor-perton) ##### Keep up to date with the latest from Centre for Optimism ##### We appreciate any contribution you can make to help us spread optimism with the world [![Give Today](https://no-cache.hubspot.com/cta/default/21889975/daed54ec-1173-4b99-9390-e69152e87436.png)](https://cta-redirect.hubspot.com/cta/redirect/21889975/daed54ec-1173-4b99-9390-e69152e87436) #### Here are some similar articles ###### [Australia](https://www.centreforoptimism.com/blog/tag/australia) , ###### [well-being](https://www.centreforoptimism.com/blog/tag/well-being) #### [Wellbeing and Optimism Wane in Australia: Why the Gloom?](https://www.centreforoptimism.com/blog/galluponaussiwellbeing?hsLang=en) [Read Article](https://www.centreforoptimism.com/blog/galluponaussiwellbeing?hsLang=en) ###### [Joy](https://www.centreforoptimism.com/blog/tag/joy) , ###### [Ageing](https://www.centreforoptimism.com/blog/tag/ageing) , ###### [well-being](https://www.centreforoptimism.com/blog/tag/well-being) #### [Alix Bradfield on Optimism and Living Well at Every Age](https://www.centreforoptimism.com/blog/alixbradfield?hsLang=en) [Read Article](https://www.centreforoptimism.com/blog/alixbradfield?hsLang=en) ## Connect With Us ##### We love to connect with everyone who is ready to open up and share their optimisim. - [![Facebook 2](https://www.centreforoptimism.com/hubfs/Center%20of%20Optimism%20Assets/Facebook%202.svg)](https://www.facebook.com/optimistsvoices/) - [![instagram (6)](https://www.centreforoptimism.com/hubfs/instagram%20(6).svg)](https://www.instagram.com/centreforoptimism/?hl=en) - [![linked in 2](https://www.centreforoptimism.com/hubfs/linked%20in%202.svg)](https://www.linkedin.com/company/centreforoptimism/) - [![youtube (3)](https://www.centreforoptimism.com/hubfs/youtube%20(3).svg)](https://www.youtube.com/channel/UCFd4GnToz3WLasQSfsz_z8w) - [![twitter](https://www.centreforoptimism.com/hubfs/twitter.svg)](https://twitter.com/Centre4Optimism) #### Keep up to date with the latest from The Centre for Optimism ##### Contact Us Call Us: [+61 417 217 241](tel:+61%20417%20217%20241) (Australia) PO Box 5081, Garden City, Victoria 3207, Australia ##### [The Centre for Optimism](https://www.centreforoptimism.com?hsLang=en) - [Why Optimism?](https://www.centreforoptimism.com/whyoptimism) - [What is Optimism?](https://www.centreforoptimism.com/whatisoptimism) - Why be Optimistic? 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