The five insurance asset management companies, that are the first insurance asset managers approved to pilot asset-backed securities (ABS) and REIT (real estate investment trust funds) businesses, have now all launched ABS on the stock exchange.
Nan Shan Life Insurance, the third biggest life insurer in Taiwan, suffered from a negative spread between investment yields and cost of liability over the past few years, driven by the high burden from saving-type policies it had sold in the past with high guarantee rates, says Fitch Ratings.
Prudence Foundation, the community investment arm of Prudential plc in Asia and Africa, and Warner Bros. Discovery in Asia Pacific (WBD), are collaborating on a content series called Decode with Prudence, to help educate audiences on the planet, human lives and their livelihood.
One key question in Taiwan's life insurance sector is whether investment projects that can generate stable cash flows and that are suitable for life insurers, can be offered up quickly, according to Dr Peng Jin-lung, the chairman of the Financial Supervisory Commission (FSC).
Korean insurers are expected to adopt a more proactive approach to managing asset allocation, although their current investment mixes are unlikely to change markedly, says Fitch Ratings.
The Economic Development Committee (EDC) of the Executive Yuan yesterday approved a trillion-dollar national development plan, hoping to guide funds -- in particular, insurance funds invested overseas -- to invest in social housing, water recycling plants, and other strategic projects.
More than half of Hong Kong employees (52%) are struggling with their finances, according to the new survey by WTW, a leading global advisory, broking and solutions company.
AIA has announced a new agreement with BlackRock and BNY, as it looks to transforms its investment platform, to support the group's long-term investment programme.
Pan-Asia insurer AIA Group has announced a new agreement with BlackRock and BNY, as AIA transforms its investment platform, to support the Group's long-term investment programme.
Three in four (74%) investment plans of insurance asset management companies showed positive returns in the first half of the year, among which fixed-income plans performed the best, according to data from Shanghai-headquartered Wind Information Co, which provides financial and economic data.