Regulatory Alerts2025-03-13
Added · Updated
Indexed Universal Life Insurance Products for Professional Investors
The Hong Kong Monetary Authority issued this circular to regulate the design and offering of Indexed Universal Life (IUL) insurance products exclusively to Professional Investors in Hong Kong. It mandates that authorized insurers and licensed insurance intermediaries apply existing Insurance Authority guidelines to ensure appropriate product suitability and disclosure standards. This regulatory framework aims to protect professional investors by restricting complex life insurance products to this specific client segment.