Caps apply only to internal rate of return used in benefit illustrations at the point of sale. The Hong Kong Insurance Authority (HKIA) has introduced caps on illustration rates for participating ...

The last revision of caps on illustrative investment returns used in policy illustrations was in 2013, when the upper illustration rate cap was reduced from 5.25 per cent to 4.75 per cent a year.

SINGAPORE — From July 1, the range of projected investment returns that can be used to illustrate the benefits of buying participating life insurance policies will be adjusted downwards to ...

Life insurers in Singapore will from July have to abide by lowered caps of illustrative investment returns used in policy illustrations for Singapore-dollar denominated participating policies ...