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Transamerica sees strong growth for universal life plans in Asia

Sales in the region have just about tripled in the past three years, says the insurer

Genevieve Cua

Genevieve Cua

Published Fri, Feb 5, 2016 · 09:50 PM

    Singapore

    ROBUST growth in the wealth and number of high net worth individuals in Asia has buoyed the universal life business of Transamerica Life (Bermuda).

    Transamerica pioneered universal life policies, which are jumbo life insurance policies with returns linked to a steady interest or crediting rate.

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