China Taiping Insurance Singapore eyes regional growth, wealth management
Singapore
CHINA Taiping Insurance Singapore has launched its life insurance business here citing the significant market for savings, retirement and protection products fuelled by increasing wealth in the Asia-Pacific.
Owned by China's fourth largest life insurer, China Taiping Insurance Singapore got its licence from the Monetary Authority of Singapore as a composite insurer to carry on life insurance and general insurance business last August. This makes the firm one of eight composite insurers in Singapore.
TRENDING NOW
Simba ordered to pay S$700,000 in damages to indoor skydiving operator Altitude Xperience for trespass
Lazada cuts about 5% of workforce as part of review across South-east Asia markets
Singtel sells S$1 billion in Gulf Development shares
What’s wrong with Orchard Road? Experts weigh in on the street’s cachet and its future