Volatile markets dent bonuses for some participating policyholders
They can expect lower non-guaranteed bonus payouts than projected
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Singapore
THE prolonged low-interest-rate environment and volatile markets spell bad news for a fraction of participating (par) policyholders here, who can expect to receive lower non-guaranteed bonus payouts than projected.
Most of the major life insurance players here have completed their annual bonus declaration exercise; seven of the nine have completed their reviews.
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