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Singapore life insurers see UHNWs turn to “ultimate hedge”

Life insurance, traditionally viewed as a simple cash payout upon death, is being repositioned among Asian ultra high net worth (UHNW) individuals as the “ultimate hedge” against portfolio volatility and global estate tax regimes. Rising demand is powering rapid growth for life insurers like Sun Life, despite a fiercely competitive landscape in hubs like Singapore. Christopher Albrecht, Sun Life “As…

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