Generali Hong Kong has introduced LionAchiever Elite, a whole life insurance policy that combines short-term premium payments with long-term legacy planning and potential capital growth. The new offering requires just two years of premium payments and is designed for individuals seeking structured estate solutions alongside savings.
The product projects an internal rate of return of up to 5.03% annually by the 10th policy year, with some policyholders potentially reaching breakeven as early as the third year, depending on performance. This feature, coupled with the brief premium payment period, appeals to clients looking for minimal long-term financial commitment.
In addition to investment growth, LionAchiever Elite offers flexible estate planning options. Policyholders can customize death benefit payouts—choosing lump-sum, phased, partial, or deferred distributions to beneficiaries. The policy also allows splitting benefits among heirs and appointing a temporary custodian if the policyholder passes away prematurely.
Ronald Tse, Chief Insurance Officer at Generali Hong Kong, emphasized the product’s focus on giving clients greater control over wealth management and transfer. “LionAchiever Elite is designed for customers who want more control over their wealth, not just in how they grow it, but also in how they transfer it to future generations,” he stated.
Generali Group’s launch of this new insurance product comes amid strong first-quarter performance in 2025. The company reported total operating profit of €2.07 billion, up 8.9% year-over-year, driven by growth across its core lines.
The property and casualty (P&C) segment saw an 18.7% increase in operating profit to €1.03 billion, supported by strong underwriting results and an improved combined ratio of 89.7%, compared to 91.0% last year.
In life insurance, net inflows reached €3.0 billion—a 30.4% rise from the previous year—with notable contributions from Italy and Germany. Operating profit in life insurance grew 2.3% to €992 million, though the value of new business fell by 4.0% to €822 million, reflecting a strong Q1 in 2024 as a benchmark.
Group CFO Cristiano Borean highlighted that these results demonstrate Generali’s consistent ability to generate revenue across its diverse business insurance coverage and product portfolio.
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