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.
The Insurance Bureau has requested urgent updates on life insurer's positions and risk assessments related to the turmoil in China's financial markets.
China's rapidly ageing population could create opportunities life insurers, despite associated risks and increased competition, says a new Moody's report.
AIA continues to increase its social-impact activities with the investment with LeapFrog, an impact investor which focuses on financial services and healthcare.
