China, Hong Kong Life Insurers Could Get Boost From Higher Inflation -- Market Talk

Dow Jones09:14

0114 GMT - Higher inflation should boost Chinese and Hong Kong life insurers over the medium term, DBS Group Research analysts say in a note. The bank's economics team suggests China is more resilient in facing a prolonged high oil-price scenario stemming from the Middle East conflict, with inflation projected to rise 0.7 percentage point. Higher inflation is likely to lead to a steeper yield curve, which benefits life insurers, they say. The drag of the conflict on insurers' new business growth should be manageable given the Chinese economy's resilience, the analysts say. DBS recommends accumulating shares of life insurers such as Ping An Insurance and AIA Group based on a recent share-price pullback. (megan.cheah@wsj.com)

 

(END) Dow Jones Newswires

March 15, 2026 21:14 ET (01:14 GMT)

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