IAR Asia 2022: Day 1 round up

Channels: Asia Pacific, Regulation, Risk, SAA/ALM

Companies: Peak Re, Zurich, Invesco, Prudential, HSBC Insurance Asia, DGB Life Insurance

Insurance Asset Risk Asia 2022 conference's first day focused on the macroeconomic environment and its implication for strategic asset allocation.

In a presentation, Peak Re chief economist Clarence Wong warned of rising interest rates on the horizon and pointed to inflation as one of the key challenges for insurers' investments in the months to come.

Nevertheless, low interest rates up to now have been a key driver of insurers' increased allocation to illiquid assets, and this trend won't change going forward.

Indeed, panelists from asset manager Invesco and insurers Prudential and HSBC Insurance Asia highlighted how the COVID-19 pandemic had opened up further opportunity in the illiquid space. The key to success, they said: careful selection of assets!

For the fixed income portfolio, the name of the game is: reading and double guessing central bankers' minds. Panelists from Zurich and DGB Life Insurance said that while they are not solely driven by central banks' policies, they can't simply ignore them. But fundamental credit analysis remains the bread and butter to deliver the expected returns.

Join us for day 2 on Wednesday 12 January at 3:00pm SG & HK/7:00am GMT, where we will explore the latest regulatory and accounting developments.

The conference is free to attend for Re/Insurers, Regulators, Supervisors, Commissioners. Please email events@fieldgibsonmedia.com to receive an invitation.

More details and full agenda available here.

Vincent Huck