Experts at Hong Kong Fintech Week emphasised the role of insurers in addressing demographic and climate challenges through sustainability and risk prevention.
With six of the ten largest life insurers globally, Asia offers reinsurers the chance to strike new asset intensive reinsurance deals before the pipeline in mature markets starts to dry-up.
P&C insurers in three major North Asian markets of China, Japan, and Taiwan hold almost three times the amount of regulatory capital for asset risk than US carriers.