Insurers across the region will see premiums grow by €1.28 trillion, over half coming from China, said a new report by Allianz.
The island's bond ETF volumes have shot up over the past two years but they are likely to level off as new rules combine with less risk appetite among leading life insurers.
Life insurers in Korea are having to weigh how best to prepare for incoming new capital rules and accounting standards that could affect their asset portfolios.
Larger life insurance firms are likely to pursue private asset investing more assertively. Some think that they could look to structured equity products that hedge risk too.
Although new themes are emerging in portfolios, the overall risk approach remains fairly conservative, ratings agencies tell AsianInvestor.
The city-state's newest life insurer is looking to appoint more third-party fund managers this year as it grows its assets and expands across borders, its CEO tells AsianInvestor.