Universal life insurance products, for investment and life insurance purposes, offer guaranteed minimum rates of return for buyers. Photo: iStockphoto Universal life insurance products, for investment and life insurance purposes, offer guaranteed minimum rates of return for buyers. Photo: iStockphoto
Universal life insurance products, for investment and life insurance purposes, offer guaranteed minimum rates of return for buyers. Photo: iStockphoto
Jennifer Li
Opinion

Opinion

Across The Border by Jennifer Li

Unlisted insurers to be hit hard by clampdown on flexible, but ‘risky’, universal life products

Essentially current accounts offering a high rate of interest, insurers have been using cash generated from the products to invest in listed companies

Universal life insurance products, for investment and life insurance purposes, offer guaranteed minimum rates of return for buyers. Photo: iStockphoto Universal life insurance products, for investment and life insurance purposes, offer guaranteed minimum rates of return for buyers. Photo: iStockphoto
Universal life insurance products, for investment and life insurance purposes, offer guaranteed minimum rates of return for buyers. Photo: iStockphoto
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Jennifer Li

Jennifer Li

Jennifer Li is a market reporter at business desk, following equity and currency markets in the mainland and Hong Kong. She is also interested in latest development in primary market and asset management industry. Before joining SCMP, she worked for The Standard, covering breaking business news in Hong Kong and the mainland, with topics ranging from listed companies to macro economy.