Latest news with #HNW
Associated Press
3 days ago
- Business
- Associated Press
AIA Launches Wealth Generation - Introducing market-first legacy planning options and a short 4-year projected breakeven period Empowering HNW customers to accumulate wealth and achieve seamless legacy transfer
HONG KONG SAR - Media OutReach Newswire - 25 June 2025 - AIA Hong Kong announced the launch of Wealth Generation ('the Plan'), a bespoke life insurance plan designed exclusively for high-net-worth (HNW) individuals. This Plan enables customers to capitalise on wealth creation opportunities in today's dynamic market while fostering long-term prosperity through strategic legacy planning. The Plan features multiple market-first^ legacy planning options, a rare-in-market* Flexi Withdrawal Option and value-added service, delivering a competitive projected total internal rate of return (IRR) #. With projected breakeven year as short as four years#, this comprehensive solution addresses the dual priorities of HNW customers: wealth accumulation and legacy management. AIA WG Eng Ms Alice Liang, Chief Proposition & Healthcare Officer of AIA Hong Kong & Macau, said: 'As a global hub for asset and wealth management, Hong Kong has long been a magnet for high-net-worth individuals and families from around the world. Their needs for life insurance products are constantly evolving. They not only seek to navigate complex investment landscape but also place great emphasis on managing their wealth with control, precision, flexibility, and resilience, ensuring seamless wealth transfer.' She added: 'AIA remains unwavering in our customer-centric approach, consistently delivering innovative products and thoughtful services that go beyond expectations and delight our customers. Wealth Generation exemplifies this commitment, with its market-first legacy planning options, rare Flexi Withdrawal Option and value-added services. This empowers our customers with greater control and flexibility over their wealth accumulation and legacy planning journey, embodying AIA's commitment to helping them achieve Healthier, Longer, Better Lives.' Key features and value-added services of the Wealth Generation: Empowering Wealth Growth Short projected total breakeven year and competitive projected total IRR Rare-in-market* Flexi Withdrawal Option3 Seamless Legacy Planning Legacy Planning Options and Value-added Services Safeguarding Loved Ones Recognising the exacting standards of HNW customers for health and wealth solutions, AIA established AIA Club Alta in 2023 to deliver curated privileges8 across three pillars: health and wellness, wealth management and exquisite lifestyle experiences. These exclusive offerings have empowered customers to strike an optimal balance between health and wealth, enabling them to enjoy a more prosperous and fulfilling life. AIA Club Alta also extends its bespoke wealth management privileges9 to include advisory services on tax planning, trusts, legal and family office consultations. When combined with Wealth Generation, these services provide customers with an effective solution, ensuring the mastery of wealth amplification, seamless wealth succession and peace of mind for generations to come. All information above is for reference only and does not constitute any offer and/or insurance product recommendation. The product information in this material does not contain the full terms of the product, for the details of the product features, terms and conditions, exclusions and key product risks, please refer to the product brochure and policy contract of relevant products or visit the AIA Hong Kong's website. Remarks ^ Three market-first options: * Compared with the savings insurance products provided by Hong Kong major insurance companies as of 7 May 2025. # 'Projected total breakeven year' is the policy year at the end of which the projected total surrender value is greater than or equal to the single premium paid for the first time. The projected Total IRR is neither indicative of future performance nor guaranteed. The projected total IRR based on the assumption that no cash withdrawals or policy loans are taken throughout the term of the policy, none of Terminal Dividend Lock-in Option, Flexi Withdrawal Option, Policy Split Option and Health Impairment Incapacity Option is exercised and that all premiums are paid in full when due. Hashtag: #AIA #友邦 The issuer is solely responsible for the content of this announcement. About AIA Hong Kong & Macau AIA Group Limited established its operations in Hong Kong in 1931. To date, AIA Hong Kong and AIA Macau have over 18,000 financial planners1, as well as an extensive network of independent financial advisors, brokerage and bancassurance partners. We serve over 3.6 million customers2, offering them a wide selection of professional services and products ranging from individual life, group life, accident, medical and health, pension, personal lines insurance to investment-linked assurance schemes with numerous investment options. We are also dedicated to providing superb product solutions to meet the financial needs of high-net-worth customers. 1 as of 31 March 2025 2 Including AIA Hong Kong and AIA Macau's individual life, group insurance and pension customers (as of 31 March 2025)
Sharjah 24
4 days ago
- Business
- Sharjah 24
AUS, HNW to empower engineering students with industry experience
'This agreement is a reflection of our continued efforts to embed meaningful industry collaboration into the fabric of engineering education,' said Dr Fadi Aloul, Dean of the AUS College of Engineering. 'By working closely with forward-thinking partners like HNW Research and Management Consultancy, we are creating pathways that equip our students with the skills, exposure and confidence needed to thrive in today's fast-paced and innovation-driven economy.' As part of the agreement, HNW will offer annual internship placements for AUS students providing them with practical, on-site training and engagement. The collaboration also involves joint supervision of selected capstone and research projects, delivery of keynote sessions by HNW experts and participation in research and development initiatives tied to graduation and course-based projects. Dr Hassan Khudair, Director General of HNW, said: 'At HNW, we've proudly employed dozens of AUS alumni over the years—particularly from the industrial engineering program due to their exceptional calibre and adaptability. We're excited to deepen that connection by contributing industry knowledge and market insight to help prepare AUS graduates for real-world demands. Our consulting model is built on genuine partnership: we work hand-in-hand with government entities to co-create solutions rooted in customer-centric research and collaboration. It's a distinctive mindset—but one that is essential for the kind of meaningful public sector transformation that HNW is known for pioneering. We're thrilled to partner with one of the region's most prestigious universities to further that mission.' To further support student development, HNW will offer discounted rates on all its training programs for AUS students, with specific details to be announced separately. Job opportunities offered by HNW will also be shared with AUS alumni and master's students, strengthening their access to relevant career pathways. HNW is a boutique consulting firm specializing in the design and implementation of government service transformation programs, aimed at improving customer experience and institutional efficiency across the public sector in the region. An initiative of the College of Engineering, the AUS Engineering Al Nukhba Program connects high-achieving students with leading industry partners for hands-on, career-shaping experiences. Through exclusive internships, research collaboration, expert mentorship and advanced training, the program prepares students to tackle real-world challenges with creativity, technical expertise and professional readiness.
Zawya
4 days ago
- Business
- Zawya
AUS and HNW partner to empower engineering students with industry experience
Sharjah, UAE – American University of Sharjah (AUS) has signed a Memorandum of Agreement (MoA) with HNW Research and Management Consultancy (HNW) under the AUS Engineering Al Nukhba Program. This strategic partnership aims to enrich the academic journey of engineering students through direct exposure to real-world challenges, industry practices and professional growth opportunities. 'This agreement is a reflection of our continued efforts to embed meaningful industry collaboration into the fabric of engineering education,' said Dr. Fadi Aloul, Dean of the AUS College of Engineering. 'By working closely with forward-thinking partners like HNW Research and Management Consultancy, we are creating pathways that equip our students with the skills, exposure and confidence needed to thrive in today's fast-paced and innovation-driven economy.' As part of the agreement, HNW will offer annual internship placements for AUS students providing them with practical, on-site training and engagement. The collaboration also involves joint supervision of selected capstone and research projects, delivery of keynote sessions by HNW experts and participation in research and development initiatives tied to graduation and course-based projects. Dr. Hassan Khudair, Director General of HNW, said: 'At HNW, we've proudly employed dozens of AUS alumni over the years—particularly from the industrial engineering program due to their exceptional calibre and adaptability. We're excited to deepen that connection by contributing industry knowledge and market insight to help prepare AUS graduates for real-world demands. Our consulting model is built on genuine partnership: we work hand-in-hand with government entities to co-create solutions rooted in customer-centric research and collaboration. It's a distinctive mindset—but one that is essential for the kind of meaningful public sector transformation that HNW is known for pioneering. We're thrilled to partner with one of the region's most prestigious universities to further that mission.' To further support student development, HNW will offer discounted rates on all its training programs for AUS students, with specific details to be announced separately. Job opportunities offered by HNW will also be shared with AUS alumni and master's students, strengthening their access to relevant career pathways. HNW is a boutique consulting firm specializing in the design and implementation of government service transformation programs, aimed at improving customer experience and institutional efficiency across the public sector in the region. An initiative of the College of Engineering, the AUS Engineering Al Nukhba Program connects high-achieving students with leading industry partners for hands-on, career-shaping experiences. Through exclusive internships, research collaboration, expert mentorship and advanced training, the program prepares students to tackle real-world challenges with creativity, technical expertise and professional readiness. About AUS American University of Sharjah (AUS) was founded in 1997 by His Highness Sheikh Dr. Sultan Bin Muhammad Al Qasimi, Member of the Supreme Council of the United Arab Emirates and Ruler of Sharjah. Sheikh Sultan articulated his vision of a distinctive institution against the backdrop of Islamic history and in the context of the aspirations and needs of contemporary society in the UAE and the Gulf region. Firmly grounded in principles of meritocracy and with a strong reputation for academic excellence, AUS has come to represent the very best in teaching and research, accredited internationally and recognized by employers the world over for creating graduates equipped with the knowledge, skills and drive to lead in the 21st century. AUS values learners not driven only by academic success, but by those that embrace our dynamic campus life and embody our ideals of openness, tolerance and respect. This combination of academic excellence and community spirit ensures AUS is filled with world-class faculty and students, poised to become the innovators, thinkers, contributors and leaders of tomorrow.
National Post
17-06-2025
- Business
- National Post
Triangle Life: transforming the high-net-worth life insurance experience
Article content HAMILTON, Bermuda — Triangle Life announces today that it has secured its next stage of growth investment. Alongside this, the company has commenced signing agreements with international high-net-worth (HNW) brokers across key international financial centres. Article content Headquartered in Bermuda, a global financial centre for insurance and reinsurance, Triangle Life is the only life insurance company founded with a sole focus on serving the HNW market. Article content A strong capital base for growth has been achieved through investment from a diverse group of investors, including Aspida Holdings Ltd (Aspida), BroadRiver Asset Management L.P. and a series of family offices, who align with Triangle Life's long-term vision and client-centric approach. The investors are highly supportive of the company's focus as a HNW insurance provider and its innovative growth strategy. Article content Bringing together an exceptional team of experienced HNW insurance leaders, led by CEO, Niall O'Hare, the company is dedicated to working with brokers to help HNW clients realise the positive impact of their wealth in securing legacy plans aligned with their values and aspirations. Article content Triangle Life has developed an innovative digital platform designed to enhance advisors' engagement and meet the expectations of today's internationally mobile, tech-savvy HNW clients. Blending cutting-edge technology with personalised service, the platform is built to deliver a modern and convenient insurance experience. Article content Niall O'Hare, CEO, Triangle Life commented: 'At Triangle Life, we see an opportunity to bring fresh thinking and a new approach in HNW mortality protection. Strong backing from our investors reflects confidence in our vision: a modern life insurer built around the needs of today's HNW clients. We're excited to deliver on this through a team of seasoned professionals, working alongside leading brokers serving clients with complex, international life insurance needs.' Article content Merrilyn Johnson, Chief Commercial Officer, Triangle Life commented: Article content 'Triangle Life is inspired by the belief that meeting the evolving needs of the global HNW community means doing things differently — with deeper insight, greater flexibility, and a personalised approach. By combining exceptional service with deep experience, we are built to deliver best-in-class, digitally enabled HNW life insurance solutions.' Article content Triangle Life is expanding its broker network and invites interested distributors and advisors to contact the company for more information at info@ or visit Article content Jefferies acted as financial advisor and Skadden, Arps, Slate, Meagher & Flom (UK) LLP served as legal advisors to the Company in this transaction, with Appleby Bermuda acting as Bermuda counsel. Article content Triangle Life is a Bermuda-based life insurance company providing solutions for HNW individuals (HNWIs), their families and businesses to meet today's client needs, as well as the transition to tomorrow's demands and expectations. It is uniquely focused on solving the complexities of global wealth succession that enables HNWIs to bestow a legacy aligned to their personal vision, goals and values. Article content Article content Article content Article content Article content Contacts Article content
South China Morning Post
17-06-2025
- Business
- South China Morning Post
Chubb Life Hong Kong advances art of legacy planning with new global wealth centre
Chubb Life Hong Kong has taken a bold step in its insurance and wealth management journey by opening the company's first global wealth centre, Chubb 1792 Club, in Hong Kong. The nearly 10,000 sq ft lounge at The Gateway in Tsim Sha Tsui will cater to the growing number of affluent and high-net-worth (HNW) individuals in Hong Kong and across Asia through a fusion of wealth management expertise and artistic engagement. The city's rise as a global wealth management hub underpins the timeliness of this new Chubb Life Hong Kong initiative. By the end of 2023, Hong Kong's asset and wealth management sector reached HK$31.2 trillion (US$3.97 trillion), with 64 per cent of this sum originating from non-Hong Kong investors. The life insurance sector in particular has seen robust growth, with mainland Chinese tourists alone spending HK$62.8 billion on life and medical policies last year – 6.5 per cent up on the previous year. This surge is reflected in Chubb Life's tailored solutions for its customers, including wealth preservation and intergenerational legacy planning, especially amid Asia's estimated US$85 trillion protection gap – according to Chubb's annual report 2024 – driven by under-insurance and an ageing population. The Chubb 1792 Club lounge is designed to foster meaningful engagement and deliver bespoke wealth management services and opportunities through art. Photo: Chubb Life Hong Kong In response to this growing demand, Chubb Life Hong Kong has been expanding its tailored insurance solutions for HNW clients and plans to grow its Hong Kong-based agency workforce significantly – while investing in digital transformations to enhance efficiency and client experience. Named to mark Chubb's founding year, the Club is much more than a conventional wealth centre as it aims to serve as a prestigious platform delivering bespoke wealth planning services while weaving cultural storytelling into the client experience. The wealth centre features a collection of works by eight renowned and emerging artists curated by Art021, China's largest contemporary art fair group. Among the artworks are two newly commissioned pieces. One, Harbor Mirage, a digital landscape by Shanghai-based artist Yang Yongliang, is much like water, in that it flows between past and present. Yang's video blends the stillness of artworks from the Song Dynasty, the dynamic energy of Hong Kong depicted via its skyline, and modern technology. The second piece is by Hong Kong artist Desmond Leung, and is a series of seven, 20-second videos representing elements of Chinese cosmology: metal, wood, water, fire, earth, sun, moon and stars. Rotating through seven rooms, these videos reflect the cycles of time and create an immersive journey for visitors. Yang Yongliang's Harbor Mirage (left) and Annie Morris's Stack 3, Studio Turquoise installation (right) in the Chubb 1792 Club lounge. Photo: Chubb Life Hong Kong Hong Kong artist Stephen Wong, meanwhile, presents his vivid painting of the city's landscape. The selection also includes the works of Annie Morris, Wolfgang Tillmans, Abraham Lacalle, Long Quan and Lu Pingyuan.
