The COVID-19 pandemic has had profound implications for the availability and affordability of insurance coverage across various lines of business and the adequacy of retirement savings. At the same time, insurance and retirement savings markets continue to be affected by catastrophe risks, digitalization, employers’ responsibility and involvement, and risk management for long-term care and health insurance amid the region’s aging populations.

Greater high-speed rail development in Asia will require policymakers and industry partners to navigate complex planning, design, construction, operational, and maintenance issues, as well as increasingly challenging domestic socioeconomic and political conditions as a result of the COVID-19 pandemic.