Thank you for entrusting your insurance needs with Tokio Marine Life Insurance Singapore Ltd.

We are pleased to provide you with the Participating Fund Update for the year ending 31 December 2013. This update will provide you with insights into the performance and the future outlook of the Participating Fund.

Investment climate in 2013 had been challenging, with the tapering of quantitative easing by US Federal Reserve introducing significant volatility in the financial markets. While improvements in the US economy helped Singapore and regional equities grow in line with our long-term return forecast, they have also caused interest rate to make significant moves higher, hurting returns on bonds. Overall, the Par Fund’s return came in below our expectation.

Despite the disappointing return, we are pleased to inform you that Tokio Marine Life Insurance Singapore Ltd. (TMLS) is able to maintain the bonus rates for your participating policies.

Once again, thank you for your confidence in trusting us to take care of your insurance needs.

Yours sincerely,

Lance Tay
Chief Executive Officer

Click here to download the full report. 

News Detail

Posted

May 22, 2014

Company

Life Insurance

Type of News

Announcements

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