China insurers plan more investment outsourcing

Following the introduction of new solvency rules in China this year, domestic insurers are set to continue building allocations to global assets and new types of fixed income through external asset managers, heard AsianInvestor’s China investment forum in Beijing. Larry Wan, chief investment officer at AIA China, said his firm had traditionally invested in low-risk and low-volatility assets, such as long-dated government bonds, but it may look to take more risk now, such as adding…