Indonesian couple win bogus policy lawsuit against AIA
Court finds insurer vicariously liable for rogue agent's fraud; dismisses AIA's counterclaim of conspiracy
Add BT as a preferred source
DeeperDive is a beta AI feature. Refer to full articles for the facts.
Singapore
AN elderly Indonesian couple has won a marathon legal suit against insurer AIA over a fake US$5.06 million (S$7 million) policy sold to them by a rogue AIA top agent.
Plaintiffs Ong Han Ling, 79, and his wife Enny Ariandini Pramana, 78, had sued AIA in 2012 for the fraud by insurance agent Sally Low.
Copyright SPH Media. All rights reserved.
TRENDING NOW
Air India asks Tata, Singapore Airlines for funds after US$2.4 billion loss
‘Boring’ is the new black: The stars are aligning for a Singapore stock market revival
From 1MDB to ‘corporate mafia’: Is Malaysia facing a new governance test?
South-east Asian markets account for 8.8% of global capital inflows from 2021 to 2024: report
