Regulatory Alerts2025-03-13
Added · Updated
Guidelines on Indexed Universal Life Insurance Products for Professional Investors
The Insurance Authority issued this circular to establish guidelines for the design and offering of Indexed Universal Life (IUL) insurance products exclusively to Professional Investors in Hong Kong. The document applies existing IA guidelines to authorized insurers and licensed insurance intermediaries, ensuring appropriate risk management and suitability standards for this specific investor category. It includes annexes detailing the application of these provisions and appendices containing the Important Facts Statement and Applicant’s Declarations required for compliance.