The Yangshan Deepwater Port in Shanghai. Only 66 per cent of insurers in Asia were positive about the current investment cycle – ‘probably a reflection of the region’s greater vulnerability to the risk of an escalating US-China trade [war]’, according to BlackRock. Photo: Bloomberg

Asia-Pacific insurers grow more cautious about economic environment, risk appetite as US-China trade war rages on, BlackRock says

  • Asian insurers ‘disproportionately concerned’ with weak economic growth and asset volatility, according to BlackRock’s Kimberly Kim
  • Only 39 per cent of insurers globally expect a recession before 2022, according to report
Topic |   Insurance

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The Yangshan Deepwater Port in Shanghai. Only 66 per cent of insurers in Asia were positive about the current investment cycle – ‘probably a reflection of the region’s greater vulnerability to the risk of an escalating US-China trade [war]’, according to BlackRock. Photo: Bloomberg
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