As with insurance products found anywhere in the world, insurance policies in China provide an element of a safety net, offering a measure of downside protection upon the occurrence of certain events.
"In a high-net-worth portfolio, the floating rate element is typically cash, " says Andrew Marshak, a managing director in Credit Suisse Asset Management's Credit Investment Group.
The net result is that there is a strong continuity element to strategy and through the emergent side of strategy, a strong need for being open to change.