Sun Life voices concerns on SE Asia risk charges

Southeast Asian insurers have long allocated the vast bulk of their assets onshore, largely in government bonds, but they are increasingly having to look overseas and at riskier investments for higher yields. They are concerned about the level of capital charges they will face when allocating to such assets.  AsianInvestor spoke to management executives at the Malaysian and Philippine arms of Canada’s Sun Life about how they are coping in light of existing or planned risk-based ca…