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.
CIR
Current
Issue Date:
13 Mar 2025
20250313-10-EN.pdf (396.0 KB)
Topic:
Wealth Management & MPF - Insurance products
Group:
All Authorized Institutions
Directly related Document
Cross referenced Document
Version History
Superseded Document
Directly related Document
CIR
Current
13 Mar 2025
Indexed Universal Life Insurance Products for Professional Investors
Annex
Current
13 Mar 2025
Annex - Application of provisions in the existing guidelines issued by the IA to the design and offering of IUL products by authorized insurers and licensed insurance intermediaries exclusively to Professional Investors in Hong Kong
CIR
Current
13 Mar 2025
Indexed Universal Life Insurance Products for Professional Investors
Annex
Current
13 Mar 2025
Annex - Application of provisions in the existing guidelines issued by the IA to the design and offering of IUL products by authorized insurers and licensed insurance intermediaries exclusively to Professional Investors in Hong Kong
Cross referenced Document
Version History
Superseded Document
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