AIA
AIA Singapore merges wealth and health offerings
To meet the ‘underserved needs’ of high net worth clients
Australian banking giant shuts down financial planning arm
Division will ‘cease providing advice services by November 2021’
PEOPLE MOVES: AIA, IQ-EQ, Zurich
Insurer names CEO of Singapore advice arm, while financial services firm hires head of private wealth UK
AIA buys 25% stake in Chinese life insurer for $1.86bn
Deal allows the group ‘to capture additional distribution channels and customer segments’
AIA receives regulatory approval to set up Hubei operation
It is an ‘important next step in our geographical expansion strategy in mainland China’