Life experience



Possibly the biggest asset-liability management (ALM) issue for life insurers in Asia is the lack of long-dated bonds available in the region, something Roger Steel is well aware of after a career of close to 20 years in the industry. The Sydney native is the Hong Kong chief executive of Canadian insurance company Sun Life Financial and has worked at other life insurers Asia since 1994.

"(The lack of bonds with maturities of 10 years or more) is one of the biggest mismanagement challenges for ins

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