September 3, 2012

AIA shares its growth drivers for 2012 and beyond

The company said the high net worth sector is a key driver of its growth, as it has effectively positioned its insurance products as "estate planning tools for high net worth individuals".

Tan Hak Leh, CEO, AIA Singapore, said: "There are essentially three key drivers for our growth. First is the strength of our agency force to deliver quality protection and long term service products to our customers. Second is the continued growth of our group insurance business.

"The last driver is our ability to penetrate into the high net worth segment in Singapore. And the high net worth segment, as you know, is a segment that is growing very rapidly."

  1. Strength of Agency sales force
  2. Group insurance business
  3. High net worth segment
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