aia - an important announcement

today, we received this email notification from aia:

Dear Business Partners,

We are pleased to share with you the attached Press Release where we announced today that American International Assurance Company, Limited (AIA) will be transferring its Singapore life and general insurance business, which has to-date been owned and operated by its Singapore branch to AIA Singapore Private Limited (AIA Singapore), a wholly-owned, Singapore-incorporated subsidiary of AIA.

This transfer is yet another milestone in our 80 years of successful operations in Singapore. It reaffirms the importance of Singapore as a strategic key market in AIA Group Limited’s pan-Asian business and our long-term commitment to the development of the nation’s financial services industry. It also reflects our deep engagement with the local community and our policyholders. AIA Singapore will continue to provide top-quality products and services to fulfil the protection and savings needs of Singaporean families across generations

We will be sending letters to all policyholders to inform them on the transfer from September 2011. A set of ‘Frequently Asked Questions’ will also be posted on AIA.COM.SG for customers’ reference. We have attached a copy of the letter and the ‘Frequently Asked Questions’ for your reference too.

We are proud to be your partner and are committed to helping you protect and grow your business, now and in the future.

Kindly share this Press Release with your advisors.



Yours Sincerely,

Shawn Goh
Head of FA Channel

my comments:

we are pleased to be part of the aia family, being one of only a handful of fa companies contracted to distribute aia products.