May 27, 2017 8:50 AM ET

Insurance

Company Overview of AIA Singapore Private Limited

Company Overview

AIA Singapore Private Limited provides life insurance plans and financial solutions. It offers protection, saving, investment, retirement, and wealth management products for individuals. The company also provides employee benefits and credit insurance for business. AIA Singapore Private Limited was founded in 1931 and is based in Singapore. AIA Singapore Private Limited operates as a subsidiary of AIA Company Limited.

1 Robinson Road

AIA Tower

Singapore,  048542

Singapore

Founded in 1931

Phone:

65 6248 8000

Fax:

65 6534 1822

Key Executives for AIA Singapore Private Limited

Chief Executive Officer
Chief Partnership Distribution Officer
Age: 47
Chief Life Officer
Chief Corporate Solutions Officer
Compensation as of Fiscal Year 2016.

AIA Singapore Private Limited Key Developments

AIA Singapore Private Limited Wins SGD 1,980,659.80 Federal Contract for LES Health and Life Insurance Plans

East Asian & Pacific Posts (Department of State) has awarded a SGD 1,980,659.80 federal contract on Dec. 27 for LES Health and Life Insurance Plans to AIA Singapore Private Ltd.

AIA Singapore Announces Earnings Results for the Six Months Ended May 31, 2016

AIA Singapore announced earnings results for the six months ended May 31, 2016. For the period, the company reported operating net profit, rose 8% to USD 211 million from USD 201 million a year ago. The value of new business (VONB) generated grew 10% to USD 152 million from USD 142 million due to strong performances from its agency and banc assurance distribution channels.

AIA Singapore Announces Management Appointments

AIA Singapore announced two management appointments. Ms. Melita Teo has been appointed Chief Life Officer of AIA Singapore. Formerly the Chief Corporate Solutions Officer, she will now oversee the operations division of the company including customer service, policy services, underwriting and claims. Mr. Alvin Fu, formerly the Deputy Head of Corporate Solutions, will take over from Melita as the Chief Corporate Solutions Officer. Ms. Melita Teo is the Chief Life Officer, leading the operations division which includes the customer service, policy services, underwriting and claims departments. She provides strategic leadership and is accountable for business transformation towards ease of doing business, daily operations capability and delivery of customer centricity initiatives, leading the division towards providing service excellence to policyholders. Mr. Alvin Fu, with 16 years of working experience and an Actuary by profession, Alvin joined AIA Singapore on 1 December 2015 as Deputy Head, Corporate Solutions and will take on the role of Chief Corporate Solutions Officer. Responsible for AIA Singapore’s Corporate Solutions business, Alvin is responsible for driving sustainable growth strategies and implementing business critical initiatives to strengthen AIA Singapore’s leadership position in the industry. This includes adding new capabilities for AIA Singapore through innovative business development initiatives.

Recent Private Companies Transactions

Type
Date
Target
No transactions available in the past 12 months.
 

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