China's Belt and Road Initiative (BRI), which aims to boost trade across Asia by connecting countries through infrastructure, will offer insurers a significant investment opportunity, in part due to an infrastructure gap in China and BRI countries that could reach $20tn by 2030, according to a report from Swiss Re. Getting infrastructure financing right is key in Swiss Re’s view. The report, published on Monday, said the Chinese government has been working with international financial institutions such as the World Bank and IMF to develop plans for financing projects related to BRI, including its proposed Silk Road. In 2015, regulators in China changed the rules to make it easier for insurers to get involved in infrastructure projects.
China's Belt and Road Initiative (BRI), which aims to boost trade across Asia by connecting countries through infrastructure, will offer insurers a significant investment opportunity, in part due to an infrastructure gap in China and BRI countries that could reach $20tn by 2030, according to a report from Swiss Re. The report, published on Monday, said the Chinese government has been working with international financial institutions such as the World Bank and IMF to develop plans for financing projects related to BRI, including its proposed Silk Road. In 2015, regulators in China changed the rules to make it easier for insurers to get involved in infrastructure projects.