“There will be no Kodak moment for insurance” says Swiss Re’s John Zhu given regulatory and capital barriers.
The insurer plans to launch new products in Hong Kong that will, for all intents and purposes, be virtual.
Before the London financier acquired the insurer, founder Walter de Oude told DigFin his broader ambitions.
Japan’s largest non-life insurer believes it can overtake incumbents in the rest of Asia via digitization.