Thu Jun 3 HKT (5 months ago)
In your timezone (EDT): Thu Jun 3 3:00am - Thu Jun 3 4:00am
HNW Life Insurance Solutions have certainly been centre stage in Asia’s dynamic, expansive wealth market for many years and have made a significant contribution to the revenue for many private wealth managers across the region. But has the pandemic slowed the market due to the difficulty of remote paperwork, medical certificates and other impediments? Or has the industry risen to the digital and logistical challenges and met the additional demand for security and family protection with state-of-the-art solutions?
In our Digital Dialogue discussion on we will explore the state of the life solutions industry today, reviewing the latest trends in products, identifying the optimal solutions for individual needs, and analysing where demand is on the rise from different segments of clients in the Asia region, and why.
The industry is replete with a host of acronyms, from UL, to VUL, IUL, PPLI, and Whole of Life, so in the current and interest rate environment, and given the outlook for financial markets and the economies, the panel of experts will debate which are most suitable and offer the best balance of protection, investment returns and cost. They will also look at the major issue of funding policies and whether larger, more leveraged policies are advisable given the state of the financial markets and rates. They will consider whether private banks and independent wealth management firms are doing the best they possibly can to help deliver insurance concepts and solutions in a compliant manner, working with the specialist agents and distributors in the market. And the experts will discuss how life solutions are playing an increasingly central role in estate planning and facilitating the smooth transition of wealth from policyholders to their chosen beneficiaries, something that is especially important in a world of intense and proliferating regulation and compliance.
Lee Woon Shiu
Managing Director & Regional Head of Wealth Planning Family Office & Insurance Solutions, DBS Private Banking
Head of Wealth Planning Asia, EFG Bank
Chief Commercial Officer, IPG Howden
Head of Business Development, Asia, Lombard International Group
CEO, Rapier Consulting
Chief High Net Worth Officer, Hong Kong, Sun Life Financial