Insurance partner Jenny Yu was recently featured in an SRP Derivia article discussing the streamlined rules for indexed universal life (IUL) products introduced by the Insurance Authority and the Hong Kong Monetary Authority in March.
She highlighted how the new exemptions, such as no longer requiring a financial needs analysis for professional investors and eliminating the need for the Insurance Authority’s green light process for investment-linked assurance scheme (ILAS) products, are making it quicker and easier for insurers to bring IUL products to market.
