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 ...

From next month, when life insurers in Singapore do policy illustrations for Singapore-dollar-denominated participating policies, they will have to abide by lower caps of illustrative investment ...

Unsplash The Life Insurance Association said the changes to the illustrations of what purchasers of participating life insurance policies might expect in investment returns were a result of ...

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 ...