“So not quite the “big one” or 1 in 100 year event for Japanese cat bonds, but this is potentially something closer to the big one for the local insurance industry and a certainly a significant human tragedy,” he said.
Investments
Despite the dizzying technological innovations in China and the investment opportunities that come with them, Team Super chief investment officer Seamus Collins says some risks, including weaker investor protection, make him hesitant to allocate large chunks of the portfolio to the world’s second-largest economy.
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