The insurer is expanding the business line from Singapore to Hong Kong SAR on the back of a loosened regulatory environment.

Transamerica Life (Bermuda) has announced the launch of an indexed universal life (IUL) for professional investors in Hong Kong SAR, featuring an uncapped account linked to a volatility control index. Going live on 14 July, the S&P 500 Volatility Stabilizer 10% VT Intraday TCA 1.50% Decrement Index (USD) ER measures the performance of a base strategy to maintain a 10% annualised volatility target through intraday rebalancing of an S&P 500 futures position. The excess return index deriv