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Private bankers disagree over future dominance of UL

While universal life (UL) policies dominate Asia’s HNW insurance market, private bankers and insurance providers speaking at Asian Private Banker’s RM Nexus: HNW Insurance event this week expect the demand for other insurance structures to increase as client needs mature and market volatility persists. “Private banking clients have been exposed to the same products over the last decade,” said one insurance provider, whose…

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