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Moody's Talks - Focus on Finance
Episode 97
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November 15, 2023
China’s aging population poses risks to banks and insurers, but new products could help
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
