Consolidation is trending in South Korea's life insurance sector, with industry players facing rising challenges amid prevailing low interest rates and looming new rules.
The US-based life insurer has said it might leave the Taiwan market. If it does so, it will follow in the wake of other foreign players such as ING and AIG.
The insurance firm is handing more autonomy to its individual country CIOs and seconding its regional CIO to Eastspring in Singapore, as the changes continue at UK group Prudential.
The German insurer is using its new holding company as a platform to develop its business faster in China, but more rivals will be there soon.
The CIOs of Prudential Hong Kong and FWD outlined their investment approaches at the FundForum Asia event on Tuesday.
The asset management arm of Prudential Corporation Asia is ringing more changes at the top, including restructuring its investment department, amid ongoing talk of a potential sale.