The country's second-largest life insurer plans a higher allocation to domestic equities and real estate assets. It also intends to focus its attention on US debt.
Offshore life insurance companies are set to grow their businesses inside the country but will need to consider new national security issues and potential joint-venture disagreements.
The largest life insurer in the country is continuing to make a longer-term push into bonds and some equities, but remains concerned about the potential for corporate credit defaults.
Ben Rudd has switched posts after four years as chief investment officer for the life insurer's Hong Kong business, and further changes are coming.
Panellists at AsianInvestor’s Insurance Investment Week said environmental, social and governance (ESG) factors can help long term investing but complicate insurance risk pricing.
Senior executives at the two life insurers shared how they and peers should adapt their investment portfolios ahead of Hong Kong's new risk-based capital regime.