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Most life insurers are in position to pay out non-guaranteed bonuses

Figures show their reserve buffers can support payouts

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Published Tue, Nov 24, 2015 · 09:50 PM

    DeeperDive is a beta AI feature. Refer to full articles for the facts.

    Keeping an eye on reserve buffers

    Singapore

    MOST of the 10 major life insurers here now have less of an excuse not to pay out non-guaranteed benefits or bonuses on their products linked to participating funds - because they are all in a position to do so, the latest filings show.

    In a participating or Par insurance product, a reversionary bonus is an annual bonus that cannot be reduced once it is added; a terminal bonus is added on top of the reversionary bonus and allocated to policyholders when they make claims or when their policies mature.

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