The insurer becomes the latest to join the growing IUL market in Hong Kong.

Hong Kong insurer FWD has announced the launch of an indexed universal life (IUL) insurance product, with UBS Global Markets acting as the exclusive index solution provider. Targeting professional investors, the insurance product is a market first, offering an uncapped indexed account crediting rate, allowing investors to capitalise on the equity markets while getting guaranteed returns, the insurer said on Monday (4 August). The index underlying is part of the volatility-controlled