Generale Hong Kong has launched a new whole life insurance product, LionAchiever Elite, which focuses on the combination of short-term savings and long-term wealth inheritance. This product only requires two years of premium payment. It is expected that the internal rate of return can reach 10% in the fifth year, and the break-even point can be achieved at the earliest in the third year. The product offers customized death compensation options, including installment payments, temporary guardian arrangements and other estate planning tools, suitable for high-net-worth clients who wish to flexibly control the inheritance of their wealth.
Xie Shaozong, the Chief Insurance Officer of Generale Hong Kong, said that the product is designed to help customers plan their wealth growth and intergenerational transfer more proactively. This release comes at a time when Generali Group’s performance in the first quarter of 2025 was strong, with the group’s total operating profit reaching 2.07 billion euros, an increase of 8.9% year-on-year.
The financial report shows that the operating profit of the property insurance business increased by 18.7% to 1.03 billion euros, and the combined cost ratio was optimized to 89.7%. The net inflow of funds into the life insurance business was 3 billion euros, increasing by 30.4% year-on-year, but the value of new business decreased slightly by 4% year-on-year. The group’s CFO pointed out that the growth in performance was attributed to the balanced development of the core business lines.
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