Mergers and acquisitions (M&A) in the Asian insurance sector have been buoyant in the past decade. In particular, sale and purchase of local and international insurance companies, and overseas expansion by Chinese insurers, have contributed to the rapid growth of outbound investment. According to data from Thomson Reuters, outbound M&A investment by Chinese insurers doubled last year to US$11 billion.
FIONA CHAN
毅柏律师事务所合伙人
Partner, Appleby
Although outbound investment has been generally affected by restrictions on capital outflow and foreign currency conversion introduced last year, large and solvent insurers with healthy balance sheets are more likely to obtain approvals for their expansion plans. Bermuda has been at the forefront of these activities.
With its strong and adaptive legal and regulatory framework, which meets international standards and ensures a high degree of compliant behaviour, Bermuda has the potential to become a leading insurance and reinsurance centre for Asian insurers and investors.
You must be a
subscribersubscribersubscribersubscriber
to read this content, please
subscribesubscribesubscribesubscribe
today.
For group subscribers, please click here to access.
Interested in group subscription? Please contact us.
你需要登录去解锁本文内容。欢迎注册账号。如果想阅读月刊所有文章，欢迎成为我们的订阅会员成为我们的订阅会员。
Fiona Chan is a partner at Appleby in Hong Kong. She can be contacted on +852 2905 5760 or by email at fchan@applebyglobal.com
