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To lift demand, Asia’s HNW life insurance market needs “innovative alternatives” to UL

choice, search, options, alternatives

The time is ripe for investors in Asia to consider HNW insurance structures beyond universal life, says Ian Kloss, Old Mutual International’s Singapore CEO and Southeast Asia head, reflecting on the dominance of universal life in the region. A HNW life insurance survey conducted last year by Asian Private Banker, in partnership with Transamerica Life (Bermuda), showed that while 92% of private banking…

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