Jun 2024
| Relevant Plan Name | |
|---|---|
| Premier Universal Life | Prosperity Universal Life |
| Prosperity II Universal Life | Prosperity III Universal Life |
| Prosperity V Universal Life | |
The following table shows the historical crediting interest rates for each of the universal life insurance product for which (a) it has issued new policies since 2010, and (b) it still has policies inforce in the reporting year 2023. For the avoidance of doubt, the policies issued before 2010 are excluded in the calculation and disclosure of the historical crediting interest rates for the universal life product. These results are intended for reference purpose only. The historical crediting interest rates described below are not guaranteed and should not be taken as indicator of future crediting interest rates of the universal life insurance product. The actual future crediting interest rates may be lower or higher than the historical crediting interest rates as illustrated.
| Name of Universal Life Insurance Product | Currency | Historical crediting interest rates for reporting year 2023 | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |||
| Premier Universal Life (Applicable for policy submission before 1 May 2017) | HKD | 3.70% | 3.70% | 3.70% | 3.70% | 3.70% | 3.70% | 3.70% | 3.70% | 3.70% | 3.70% | |
| USD | 4.40% | 4.40% | 4.40% | 4.40% | 4.40% | 4.40% | 4.40% | 4.40% | 4.40% | 4.40% | ||
| RMB | 4.20% | 3.83% | 3.70% | 3.70% | 3.70% | 3.70% | 3.70% | 3.70% | 3.70% | 3.70% | ||
| Premier Universal Life (Applicable for policy submission on or after 1 May 2017) | HKD | N/A | N/A | N/A | N/A | 3.50% | 3.50% | 3.50% | 3.50% | 3.50% | 3.50% | |
| USD | N/A | N/A | N/A | 4.20% | 4.17% | 4.06% | 4.07% | 4.07% | 4.02% | 4.01% | ||
| RMB | N/A | N/A | N/A | N/A | 4.20% | 3.62% | 3.50% | 3.50% | 3.50% | 3.50% | ||
| Prosperity Universal Life | HKD | N/A | N/A | N/A | N/A | N/A | N/A | 4.10% | 3.71% | 3.52% | 3.11% | |
| USD | N/A | N/A | N/A | N/A | N/A | 4.70% | 4.70% | 4.29% | 4.04% | 3.87% | ||
| Prosperity II Universal Life | HKD | N/A | N/A | N/A | N/A | N/A | N/A | N/A | 3.70% | 3.41% | 3.19% | |
| USD | N/A | N/A | N/A | N/A | N/A | N/A | N/A | 4.00% | 3.71% | 3.49% | ||
| Prosperity III Universal Life | HKD | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | 3.50% | 3.27% | |
| USD | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | 3.80% | 3.29% | ||
| Prosperity V Universal Life | HKD | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | 3.50% | |
| USD | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | ||
Remarks:
- Some of the above results are shown as "N/A" because the corresponding plan was not yet available at the relevant time.
- The above calculation of historical crediting interest rates does not include the policies with policy change (e.g. change of policy currency, change of basic plan, or change of sum assured/ principal amount) while the policy is in effect.