AIA Thailand adds voice to RBC2 concerns
The CIO of the Thai insurer joins the chorus of concern about how the second phase of the risk-based capital regime might affect investments.
A growing chorus of Thai insurers are bracing for the impact of a tougher risk-based capital framework but as long as bond yields stay low it is unlikely to significantly dampen demand for risk assets such as listed company shares, thinks one leading player.
Indirect property investments could yet get a boost though.
“[RBC2] will change the rules of the game ... [and] is not friendly for risk assets,” Sukkawat Prasurtying, chief investment officer of AIA Thailand, told delegates…
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