From the transition to a risk-based capital regime to the nuances of private markets, insurers are extending duration and seeking alpha to survive a low-growth era and navigate the differing logics of Hong Kong and mainland China’s solvency frameworks.
Some structural reallocation is underway in Asian insurance portfolios. Asset allocations are increasingly focused on illiquidity and complexity as sources of return enhancement. Rather than chasing yield however, many insurance allocators are thoughtfully implementing privates to diversify existing exposures, help mitigate downside risk, match liabilities and meet regulatory capital requirements. In Hong Kong, the private market playbook offers a wide opportunity set, says Blue Owl’s…
HDFC Pension's CEO explains how expanded equity access, commodities exposure, and REIT flexibility will reshape the $177 billion NPS landscape over the next five years.
Risk-based capital frameworks across Asia are fundamentally changing how insurance investment teams approach asset allocation, with interest rate challenges and capital efficiency becoming central to investment strategy development.
The policy move could drive insurers' equity investments higher, but it also adds risks, requiring careful portfolio management amid market volatility.
As Asia’s asset management landscape evolves, Taiwan and Japan have clear ambitions to become the region’s next major hubs. Christy Chan, senior director, relationship management at ICE in Asia Pacific, explores each market’s path to achieving this goal and compares their strategies with those of the US, the world’s leading wealth management hub.
Thailand’s latest regulatory shift removes licensing barriers, enabling traditional financial institutions to invest in digital assets without additional hurdles.
Taiwan's life insurance industry is set to benefit significantly from the recent regulatory changes, which aim to address the long-standing asset-liability mismatch.
The Insurance Authority's review of risk-based capital requirements aims to incentivise insurers' infrastructure investments while enhancing risk diversification, potentially unleashing billions in long-term capital for Hong Kong's development projects.