China’s aging population poses risks to banks and insurers, but new products could help episode artwork

EPISODE · Nov 15, 2023 · 9 MIN

China’s aging population poses risks to banks and insurers, but new products could help

from Moody's Talks - Focus on Finance · host Qian Zhu, Kelvin Kwok, Danielle Reed

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 ServiceHosts: Danielle Reed, VP – Senior Research Writer, Moody’s Investors ServiceRelated Research:Demographics – China: Aging population, smaller workforce will have broad implications across sectorsLife Insurance – China: Aging population offers growth opportunities, with risks and competitionInsurance – China: Latest policies for health insurance improve diversification but raise underwriting risks

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Reduced economic growth could lower financial institutions’ profitability, but there are also opportunities to sell retirement products and new forms of insurance.

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China’s aging population poses risks to banks and insurers, but new products could help

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