The new offering follows the launch of a distribution collaboration on a green bond-linked structured product in 2024.
Shin Kong Life is tapping into BNP Paribas on Taiwan’s first annuity insurance-wrapped structured product linked to social bond. The product is linked to the eight-year AUD-denominated social bond issued by BNP Paribas IBV, with the optionality tracking the ESG-focused M&G (Lux) Global Sustain Paris Aligned Fund USD A Acc. The French bank is the issuer of the structured product, and the Taiwanese insurance company acts as the distributor. ‘It is the first offshore structured pr