- 08 Aug, 2025
- Press Releases
A strategic milestone for Transamerica Life Bermuda as it expands its high-net-worth offering in Asia under newly appointed Chief Commercial Officer Brandon Szeto.
Transamerica Life Bermuda announces the launch of Opus One Indexed Universal life (“Opus One”) to professional investors, becoming one of Hong Kong’s first batch of insurers to introduce Indexed Universal Life (IUL) insurance solutions aligning with the city’s evolving regulatory landscape.
The launch coincides with the appointment of Brandon Szeto as Chief Commercial Officer, reinforcing Transamerica Life Bermuda’s commitment to innovation and leadership in the high-net-worth (HNW) insurance space. This marks a new era for HNW customers seeking access to sophisticated and globally diversified wealth growth instruments with built-in legacy protection and succession planning enablers.
“This launch reflects our ambition to lead globally in the HNW life insurance space,” said Kristine Ung, Chief Executive Officer of Transamerica Life Bermuda. “We are investing in the right talent and capabilities to deliver sophisticated, client-centric solutions across our key markets. Opus One is another example of how we’re bringing that vision to life.”
Brandon Szeto added: “Opus One is designed to meet the evolving needs of today’s HNW clients. With features like the volatility controlled VC Uncapped Index Account and flexible protection and liquidity options, we’re empowering clients to grow and preserve their wealth with confidence. I’m excited to lead our commercial strategy as we deepen our presence in Asia and beyond.”
With the launch of Opus One IUL, Transamerica Life Bermuda reaffirms its commitment to innovation and leadership in the HNW insurance space—delivering tailored solutions that empower clients to grow, protect, and pass on their wealth with confidence.
Learn more about our new Opus One IUL solutions: here.