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Everbright introduces index universal life insurance.
Sun Life Financial announces the introduction of index universal life insurance for qualified professional investors, becoming the first insurance company in Hong Kong to offer this type of product. The Insurance Authority and the Hong Kong Monetary Authority issued a joint circular in March this year, establishing a clear regulatory framework for selling index universal life insurance products to professional investors. The CEO of Sun Life Financial Hong Kong, Lam Ka-yin, stated that this product helps the group strengthen its business strategy in the high-net-worth client market, fully meeting the various financial and protection needs of professional investor clients, and continuing to expand the high-net-worth client business. The General Manager of Life and Health Business at Sun Life Financial Hong Kong, Yang Juan.
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