Generali Hong Kong has launched a new insurance offering, LionAchiever Elite, a whole life policy designed to integrate short-term savings with long-term wealth transfer objectives.
The product requires just two years of premium payments and is tailored for individuals seeking structured legacy solutions alongside potential capital appreciation.
The insurer said that LionAchiever Elite offers a projected internal rate of return of up to 5.03% annually by the 10th policy year.
Policyholders may reach breakeven as early as the third year, depending on the performance of underlying assumptions.
This feature, paired with the brief payment duration, targets clients who prefer minimal long-term commitment.
The policy includes several estate planning tools. These consist of customizable death benefit settlements – allowing lump-sum, phased, partial, or deferred payments to designated beneficiaries – along with options to split the policy among heirs and to assign a temporary custodian in case of the policyholder’s premature death.
Ronald Tse, Generali Hong Kong’s chief insurance officer, said the product is intended for individuals who want more control over their legacy planning.
“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 said.
The product release comes as Generali Group reported an improved operating performance for the first quarter of 2025 (Q1 2025). Total operating profit reached €2.07 billion, up 8.9% year-over-year, driven by increases across its core business lines.
The group’s P&C operations posted a notable 18.7% rise in operating profit to €1.03 billion, supported by strong underwriting results. The combined ratio improved to 89.7% from 91.0% in the same period last year.
In life insurance, Generali recorded €3.0 billion in net inflows, reflecting a 30.4% gain from the previous year, with Italy and Germany delivering strong contributions. The life segment’s operating profit grew 2.3% to €992 million, while the value of new business declined by 4.0% to €822 million, in comparison to a particularly strong Q1 in 2024.
Group chief financial officer Cristiano Borean stated that results reflect the company’s consistent revenue generation across its business portfolio.
