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Chubb Life Hong Kong Unveils New Multi-Currency Insurance Plan

Asia Pacific

Chubb Life Hong Kong Unveils New Multi-Currency Insurance Plan
Asia Pacific

Asia Pacific

Chubb Life Hong Kong Unveils New Multi-Currency Insurance Plan

2026-09-28 14:05 Last Updated At:14:22

  • Latest addition to flagship MyLegacy Series offers greater flexibility for legacy planning needs
  • New multi-currency insurance plan adds flexibility with a first-in-market settlement option

HONG KONG SAR – Media OutReach Newswire – 28 September 2026 – Chubb Life Hong Kong today announced the launch of the Chubb MyLegacy Multi-Currency Insurance Plan ("Chubb MyLegacy Multi-Currency" or the "Plan"), expanding its flagship Chubb MyLegacy series. Designed for families seeking greater flexibility in their legacy planning, the Plan introduces a first-in-market 1 customized life event settlement option and offers policyholders the ability to convert the policy to another available currency.

Chubb Life Hong Kong Unveils New Multi-Currency Insurance Plan

Chubb Life Hong Kong Unveils New Multi-Currency Insurance Plan

As high-net-worth and affluent families in Hong Kong navigate shifting global market dynamics, demand has evolved beyond basic currency conversion towards tailored legacy planning. Customers often require flexible withdrawal options without sacrificing long-term capital growth potential. Chubb MyLegacy Multi-Currency addresses these needs through its distinctive features:

  • Legacy Planning Adaptability: First-in-market1 customized life event settlement option allows customers to pre-set financial payouts triggered by key life milestones—such as university graduation, marriage, or home purchase, passing on assets on their own exact terms without the threshold and setup complexity of typical trusts.
  • Multi-Currency Governance: Customers may use the Currency Conversion Option2 starting from the 3rd Policy Anniversary to convert the policy to another available policy currency of choice, providing greater flexibility in cross-border wealth management.
  • Flexible Withdrawal Options: Pre-set withdrawal instructions also offer a financial safety net for life's uncertainties. Customers may also use a one-time or regular cash withdrawals, or select an annuity option, while preserving underlying funds for long-term legacy planning.
  • Multi-Generational Succession: To ensure seamless continuity across generations, policyowners can appoint up to 5 Interim Owners, Successor Owners, and Successor Insureds each.

Alex Wong, Chief Customer Proposition Officer of Chubb Life Hong Kong, said, "Chubb MyLegacy Multi-Currency Insurance Plan is built for what matters most to our customers—flexibility, security, and the ability to grow and protect their wealth across generations. By combining tailored legacy planning features with currency flexibility and practical withdrawal options, we are helping families protect and grow their wealth in a way that better reflects their needs today and their aspirations for tomorrow."

For more information about Chubb MyLegacy Multi-Currency Insurance Plan, please refer to: https://www.chubb.com/hk-en/personal/chubb-mylegacy-multi-currency-insurance-plan.html.

This article is intended for general reference only and should not be regarded as professional advice, recommendation and does not form part of the policy. This article should be read along with other materials which cover more product information. Such materials include, but not limited to, product brochures setting out key product risks, policy provisions that contain the detailed terms and conditions, benefit illustrations (if any), policy documents and other relevant promotional or marketing materials, which are all available upon request. You might also consider seeking independent professional advice if needed. This article is intended to be displayed in Hong Kong only and does not construe as an offer to sell or solicitation to buy or provision of any insurance products outside Hong Kong. The above plan is a standalone policy and may be purchased independently without bundling with other insurance products.

Notes:

  1. It is based on a comparison with other participating savings insurance plans offered by Composite and Long-Term Businesses as identified in the Register of Authorized Insurers by Insurance Authority as of 28 August 2026.
  2. Whilst the Policy is in force, starting from the 3rd Policy Anniversary, subject to the consent of any irrevocable Beneficiary(ies) and any assignee(s), customers may submit an application to convert the Policy to the plan designated by Chubb Life HK and change the currency of the Policy to a different currency. Any such application is subject to approval.

Hashtag: ##ChubbLifeHongKong

The issuer is solely responsible for the content of this announcement.

About Chubb

Chubb is a world leader in insurance. With operations in 54 countries and territories, Chubb provides commercial and personal property and casualty insurance, personal accident and supplemental health insurance, reinsurance and life insurance to a diverse group of clients. The company is defined by its extensive product and service offerings, broad distribution capabilities, exceptional financial strength and local operations globally. Parent company Chubb Limited is listed on the New York Stock Exchange (NYSE: CB) and is a component of the S&P 500 index. Chubb employs approximately 45,000 people worldwide. Additional information can be found at: .

** This press release is distributed by Media OutReach Newswire through automated distribution system, for which the client assumes full responsibility. **

As the country's first renewable-powered Sovereign AI infrastructure, this strategic collaboration aims to foster local innovation and boost the national economy.

SINGAPORE – Media OutReach Newswire – 28 September 2026 – YCO Cloud is proud to announce its collaboration with Aolani and NVIDIA to deliver one of the first NVIDIA GB300 NVL72 cluster deployments in the Philippines. This collaboration marks a significant milestone, bringing purpose-built sovereign AI infrastructure to the country for the first time. Designed and implemented to meet global sustainability standards for water usage and dedicated renewable energy sources, the project aims to accelerate and solidify the country's ambitions in sovereign digital capabilities and forward-looking innovation.

(From left) Nicholas Chia, CEO of Aolani and Nikolas Skalomenos de Ynchausti, CEO of YCO Cloud.

(From left) Nicholas Chia, CEO of Aolani and Nikolas Skalomenos de Ynchausti, CEO of YCO Cloud.

Aolani provides AI infrastructure, GPU financing, deployment and operating capabilities; while YCO delivers purpose-built, sustainable and scalable digital infrastructure and local expertise.

By leveraging the combined strengths of YCO Cloud, Aolani, and NVIDIA, this initiative sets the foundation for a scalable, world-class AI ecosystem — accelerating local innovation while driving national economic productivity.

Scheduled for launch in the first quarter of 2027, the initial phase will deploy more than 10,000 NVIDIA Blackwell Ultra GPUs, extending state-of-the-art AI computing infrastructure to local government bodies, domestic enterprise, and local startups, while also attracting innovative global AI native companies.

As part of its commitment to environmental stewardship, YCO Cloud adheres to best practices to meet global standards for energy, water efficiency and environmental sustainability.

"The Philippines is now ready to scale on digital infrastructure with its robust submarine cable systems and growing renewable energy sources. To deliver a product that hasn't been built in the Philippines, we partnered with Science Park of the Philippines Inc. (SPPI), the pioneer and one of the largest industrial park developers in the country, with best-in-country power, water and connectivity infrastructure aligned with our sustainability goals.Our partnerships with Aolani and SPPI complement YCO Cloud's commitment to deliver green digital infrastructure to contribute to the next wave of growth in the country." said Nik de Ynchausti, CEO of YCO Cloud.

Nicholas Chia, CEO at Aolani, said, "As the leading neocloud in Asia, Aolani is committed to delivering high-performance and compliant AI infrastructure at speed and scale to support our customers operating at the forefront of AI innovation. Southeast Asia is fast becoming a key linchpin for global AI infrastructure, and the Philippines is emerging as a dynamic new market for digital infrastructure growth. This collaboration will play a pivotal role in democratising access to advanced AI infrastructure in the Philippines, supporting the growth of the country's digital economy and AI ecosystem. We are excited to partner with YCO Cloud on this ambitious development to boost infrastructure growth and innovation."

The Philippine government welcomed the news of the partnership. "AI presents significant opportunities for innovation, job creation, and economic growth for the Philippines and Filipinos. We welcome the efforts of homegrown companies like YCO and its Singaporean partner, Aolani. Anchored on their belief on the country's potential, we appreciate the commitment of both companies to work towards enabling Filipinos to become not just users but also builders and developers of AI. These forward-looking collaborations are key in shaping the Philippines' future and allow us to achieve purposeful progress together," said Leandro Angelo Y. Aguirre, Undersecretary of Department of Information and Communications Technology.

Rosemarie Edillon, Undersecretary of Department of Economy, Planning, and Development, said, "We thank YCO and Aolani for entrusting the Philippines with this significant role in AI infrastructure development. As we enter the Fifth Industrial Revolution, the Philippine Government stands ready to be an active partner in building a trusted, inclusive and ethical AI ecosystem for the Philippines and the world."

YCO Cloud

YCO Cloud's purpose and mission is to deliver sustainable mission-infrastructure designed to drive the Philippines forward. For more information, visit https://www.ycocloud.com/ and follow on YCO Cloud on LinkedIn.

Media Contact
H/Advisors on behalf of Aolani
pr@aolani.com

Hashtag: #Aolani

The issuer is solely responsible for the content of this announcement.

About Aolani

** This press release is distributed by Media OutReach Newswire through automated distribution system, for which the client assumes full responsibility. **

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