Lam first joined Manulife in 2017 before leaving in 2022; he now returns to take on the expanded responsibility of Chief Investment Officer and Head of Transactions, APAC Real Estate.
German insurance giant Allianz is set to sell its 49% stake in CPIC Fund Management to Guotai Junan Securities, marking the end of a partnership which started in 2003.
China's insurers saw its investment portfolio grow by over 10% last year, however insurers are grappling with dwindling yields, limited investment options, and negative spreads due to declining interest...
Nearly 70% of Asian insurers plan to adapt their strategic asset allocation due to changes in risk-based capital regimes, according to a BlackRock report.
China's National Administration of Financial Regulation (NAFR) reduces risk weightings for insurance companies' holdings in a bid to stimulate the nation's underperforming stock market.
HSBC Insurance Brokerage receives concurrent approval for insurance brokerage and fund sales, as it targets China’s high-potential RMB 28.8 trillion market.
Major Chinese insurers are unlikely to face a crisis due to the country's falling property market, however the extent of exposure for smaller and privately backed players is unclear.
Post its public listing, The Life Insurance Corporation of India is exploring new asset and liability management strategies — including derivatives and the increased use of reinsurance.