Guangdong-Hong Kong-Macao Greater Bay Area Opportunities for insurers, but challenges to navigate
19 October 2021
The development of the Guangdong-Hong Kong-Macao Greater Bay Area (GBA), with the launch of Wealth Management Connect (WMC) could generate nearly US$500 million in annual fees for global and domestic banks. This e-alert covers the opportunities for insurers to:
- Expand their current business
- Develop new product offerings
- Accelerate digital development
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About the Author(s)
Derek Ling
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