by Dr. Poonam Tandon, Chief Investment Officer, IndiaFirst Life Insurance Company Limited
 

1. Introduction

The Potential for Life Insurance Expansion in Middle-Income Population
by Deep Banerjee, Senior Vice President & Treasurer, Protective Life Corporation

There is an untapped opportunity in the middle-income population in the U.S. for expansion of life insurance.

Martinos Yiorkas, Executive Director, Leads The Actuarial & Financial Analytics Team In EMEA W/S, Willis Re International

Rebecca Tan, Chief Distribution And Marketing Officer, Generali Life (Hong Kong) Limited, Generali Life Hong Kong

Hong Kong economy is externally oriented and highly dependent on trade with the world. In 2019, the value of Hong Kong's total merchandise trade reached HK$8,404.1 billion (US$1,072.5 billion)1 , or around 293% of the Gross Domestic Product (GDP) in that year. Hong Kong was the world's 8th largest trading entity in goods in 2019. 

International equity markets rebounded in the third quarter, enough so that most of the major indexes recovered to near where they were on January 1. Hopes for a vaccine-driven reduction in COVID infections and for more government financial stimulus (both of which seemed less likely by late October) gave investors some renewed optimism.

Nadia Schmidt, Divisional Director, Willis Re

Robo-advisors and Insurance-Linked Securities – two young business models in two different industries that have seen steep growth during the last decade. Robo-advisors have been successful by automating investment advice, making wealth management more efficient and accessible to a broader client base, while ILS sources new insurance capacity by allowing the financial market to invest in insurance risks largely uncorrelated to other financial instruments.