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Founded in 1908 by Alfred Hewton Fair, it is the largest and oldest life insurance company in Singapore and Malaysia. In 2006, the company had assets in excess of S$8 billion, 2.6 million policies in force served by 24 branch offices and a service network of more than 17,000 agents nationwide. In August 2007, it had S$45 billion in assets and 3 ...
AIA Group Limited, [3] often known as AIA (Chinese: 友邦保險; pinyin: Yǒubāng Bǎoxiǎn; Jyutping: Jau5 bong1 bou2 him2), is an American-Hong Kong–based multinational insurance and finance corporation.
Company Country Total assets (US$ Billion) 1 Allianz Germany: 1,247.2 2 Berkshire Hathaway United States: 958.8 3 Prudential Financial United States: 937.6 4 Ping An Insurance China: 937.0 5 China Life Insurance China: 900.5 6 Axa France: 846.3 7 Legal & General United Kingdom: 786.1 8 MetLife United States: 759.7 9 Nippon Life Japan: 725.0 10
Singapore’s government made a rare intervention in a merger deal, stepping in to block a controversial $1.7 billion deal by Germany’s Allianz to buy Income Insurance, a cooperative-turned-company.
In 2001, the company entered into a partnership with Maybank and Fortis International N.V., where they were subsequently renamed as Maybank General Assurance Bhd. [4] By 2009, the company had evolved to become the Singaporean branch of Etiqa Insurance Bhd. [5] On June 13, 2014, Etiqa Insurance Pte. Ltd. (EIPL) Singapore was granted approval ...
NETS is the Network for Electronic Transfer System in Singapore for EFTPOS. ... Royal & Sun Alliance Insurance (Malaysia) Berhad ... London & Pacific Insurance ...
FWD Group also purchased HSBC’s stake in a Malaysian insurance joint venture in 2018, [19] acquiring 49% of HSBC Amanah Takaful (Malaysia), [16] now renamed FWD Takaful (Malaysia). [ 21 ] In June 2019, FWD Group purchased MetLife 's business in Hong Kong [ 7 ] [ 14 ] reportedly for around $400 million. [ 10 ]
Singlife was established by Walter de Oude in 2017 as the first local insurer to be licensed by the Monetary Authority of Singapore since 1970. [1] In 2018, Singlife acquired the business portfolio of Zurich Life Singapore. [2]