Asia RBC reforms push insurers to rethink investment strategies

New regulation across Asia is encouraging a more sophisticated dialogue between insurers and their supervisors, and pushing firms to upgrade their risk management practices. Clive Davidson reports on how asset allocations are changing as a result

Certain investment issues are universal, such as the search for yield in a low-interest environment, and are faced by all insurers. Others follow broad themes with local variations, such as the introduction of new capital and solvency regimes that impact asset allocation. This is especially the case in Asia, where countries are not only at different stages of rule-making, from exploration and consultation (for example, Hong Kong and India), to implementation (Australia, Singapore), but are also