European Insurance News & Views: China cross-border risks; Aegon‘s move to the US

Research evidence excerpt

European Insurance News & Views: China cross-border risks; Aegon‘s move to the US

Global Research

18 June 2026ab

European Insurance News & Views Equities

Europe including UKChina cross-border risks; Aegon's move to the

US Financial

Nasib Ahmed, FIA

Analyst

nasib-za.ahmed@ubs.com

Headline: China cross-border risks; Aegon's move to the US +44-20-7568 8231

Will Hardcastle, CFA

Our Asian insurance analyst Charles Zhou published his takeaways from the Luijiazui Analyst

Forum (see here) with a focus on insurance and brokerages. We summarise his key will.hardcastle@ubs.com

takeaways for cross-border flows, which has been a key debate topic for Pru. +44-20-7567 9763

Qian Lu

Aegon yesterday announced that Will Fuller will become the President and COO of Analyst

Aegon from 1 Jan 2027, with a new corporate head office in New York City (see here). qian-za.lu@ubs.com

+44-20-7567 4657

Chloe RyanUBS Summary:

Associate Analyst

chloe.ryan@ubs.com

Pru: There was no specific comment on HK insurance at the forum; however, broader +44-20-7567 3505

cross-border financial activities were discussed. SAFE vowed to advance opening-up

within risk guardrails (e.g. expanding QDII quota). CSRC would combat illegal cross-

border security trading activities, while supporting the compliant ones. The authority

pledged to strengthen cross-border supervisory coordination, and information sharing.

This aligns with HKIA's remarks on 15-Jun, emphasizing that funds must flow through

legitimate channels. Beyond the cross-border issues, HKIA also signalled enforcement

against breaches of three new regulations announced in 2025 (i.e. illustration rate cap,

referral fee cap, and commission deferral).

Aegon: The announcement yesterday follows an agreement with the Aegon