China’s aging population poses risks to banks and insurers, but new products could help
2023-11-15
0:00
9:31
Reduced economic growth could lower financial institutions’ profitability, but there are also opportunities to sell retirement products and new forms of insurance.
Speakers: Qian Zhu, VP-Senior Credit Officer, Moody’s Investors Service; Kelvin Kwok, AVP-Analyst, Moody’s Investors Service
Hosts: Danielle Reed, VP – Senior Research Writer, Moody’s Investors Service
Related Research:
- Demographics – China: Aging population, smaller workforce will have broad implications across sectors
- Life Insurance – China: Aging population offers growth opportunities, with risks and competition
- Insurance – China: Latest policies for health insurance improve diversification but raise underwriting risks
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