PineBridge Investments: Allocating Overseas
July 31 2017
Many insurers in Asia are thinking of expanding their portfolios overseas. They may benefit from a closer look at the composition of overseas portfolios of insurers in more mature markets, as well as from an examination of key considerations in pursuing this approach
Amid the prolonged low-interest-rate environment, insurance companies in Asia, some with historically small overseas investment allocations, are now actively seeking both yield enhancement and diversification through
their overseas investment portfolios.
In mature markets such as the US, insurance companies have a long history of overseas investing, and the allocation percentage has been very stable. In other markets, such as China, the proportion of offshore investments has traditionally been low. Increasingly over the past two years, we have been witnessing a rapid change in offshore allocations, with some markets in the region moving aggressively in this direction.
However, when considering either moving into or expanding overseas allocations, insurers should not only consider the available instruments, yield differential, investment margin, and regulation/solvency, but they should also be aware of the additional risks involved.
-
QBE’s Hammond on transformation and growth
- July 2
The Asia chief executive discusses Covid-19, going digital and restructuring.
-
Swiss Re: Nat cats and man-made disasters in 2018
- April 10
Climate change, increased urbanisation and a growing concentration of assets were on the risk agenda for 2018.
-
Willis Towers Watson: 2019 Asia Market Report
- March 19
Economic uncertainty, more complex risks and tighter underwriting are all influencing Asia's markets.
-
Peak Re: Emerging Asia’s life and health opportunity
- March 11
Life and health premium growth is expected to outpace GDP gains in eight Asian markets.
-
HSBC Asset Management | China’s underestimated innovation capability – AI and beyond
DeepSeek’s breakthrough in artificial intelligence (AI) has gained a considerable amount of investor attention, lifting sentiment towards Chinese assets. We believe China’s innovation ability is not limited to AI.
-
Beazley | Turbulent Waters: The maritime energy transition challenges
Turbulent Waters: The maritime energy transition challenges
-
Aon | Navigating shifts in the global and Asia insurance markets
Neelay Patel, Aon head of growth for Asia, says the market in Asia is at an ‘interesting stage of the cycle’.
-
Sompo | Accelerating Sompo Group’s sustainable growth through the evolution of the P&C business
Sompo Holdings is taking significant steps to enhance its organizational structure and business strategy to achieve its ambition to become a Japan-born truly global company.
