The financial group aims to expand its mainland investment team and diversify assets once it's approved to fully absorb its China life insurance joint venture, says CEO Bryce Johns.
BNP Paribas Cardif and Prudential were also among the insurers who shed light on their investment focus as well as hiring plans at AsianInvestor’s Insurance Investment Forum.
HSBC Insurance’s CIO said the asset class is too specialist for many firms to invest in themselves, during a panel at AsianInvestor’s Insurance Investment Summit.
The firm is also looking at allocating more to higher-yielding equity and fixed-income assets, noting how hard it is to achieve target returns these days.