Pacific Century Insurance sceptical on unit-linked
The life insurer believes insurance companies should stick to protection business.
Pacific Century Insurance's deputy chairman and chief executive, Andrew Yang, believes insurance companies should concentrate on traditional protection products and not be involved in the unit-linked business. He discusses this and the Hong Kong insurance market.What are Pacific Century's main products?Andrew Yang: Pacific Century Insurance is a life company. We sell traditional life products, mainly whole life, endowments and term insurance. We also have some unit-linked products.How…
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