the bottom of the ninety eight sixty four will pay and that's all i have for now this has been stephen chan aussie bank year later for more on the world of sports. weather wise it was a nice sunny day here in seoul in dungeon go but he tells me go but wrecking ball down at the weather center called young fellas and good evening guys some relief that that the weather and tyndall continues to be calm. however if the conditions under the sea that are making things difficult spring tides will last through friday dan and tom bennett tidal currents will speed up to two point four meters per second hopefully for the progress on search efforts can be made over the weekend when tidal current slowdown. well shifting gears to the current conditions the nation is under the influence of the low pressure front of from our waters of the east sea which is why waste the money conditions across the back. light showers will continue their leader tonight dropping about five millimeters on angel in the middle province as well as on goal. otherwise it may be up on the morning and the inland region so please be c

we are joined now by francis chan, stephen lamb with bloomberg industries.ith you. obesity, a huge problem not only for china but asia, right? asia fact, health care in ina $2.1 trillion market 2018. the asian governments, they don't even pay for 50% of expenses. for private market health insurance companies in the area. of coarse, we have rising and the emerging as the middle class as a background trend. there is calculations, $1.5 trillion at play. what does that mean in terms of opportunities for insurers? >> the opportunities are immense. to give you an example, in china, the share of the public health expenditure as a percentage of total rose 15 pastntage -- 15% over the 10 years. the burden on the government is rising at a very rapid pace in china. it is not hard to imagine pollution, all that stuff. >> it is not just about obesity. it is about air pollution. otherabout all this stuff. how do insurers ride this wave? >> what the government is trying to do right now is to push the insurers to team up with the government to roll out critical illness plan

joining us is francis chan and stephen lamb. pollution, an important issue.re also insurance implications. >> if you talk about the health care expanding the asia-pacific area, it is estimated to reach 1.3 -- $1.3 trillion in 2013. in 2018, it is expected to rise to $1.8 trillion. most unfortunately, most asian governments don't have a project for it. they only pay for less than 50% of spending, which will leave huge room for growth of private health insurance companies. >> that is one of the big trades, isn't it? people investing in china, health care. it is one of the most crowded trades around. there'll be problems with health insurance. >> yes, of course. what we have seen is that companies like picc have lost a lot of money and shaved off profits because of running these government commissioned programs. up for .5 billion yuan in health insurance premiums, but the average cost and the average premium per person is 45 yuan. money?do they make that is the problem. with pollution, but other things , andll -- critical illness one of the other critical things