HNW Insurance in Asia – Trends, Market Developments and Strategies 2022 | Hubbis | 23 March 2022 | Online

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 there are policies such as Savings Plans and Whole of Life; accordingly, in the current economic and interest rate environment, and given the outlook for financial markets and the continuing course of the pandemic, our panel of experts will debate which products are most popular and why. 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 potentially rising rates. They will discuss the impact of inflation on life policies and their efficacy. They will consider whether private banks and independent wealth management firms are doing the best they possibly can in order to help deliver insurance concepts and solutions in a compliant manner, discussing how they work or perhaps could work with the specialist agents and distributors in the market. They will discuss how agile the product providers have become in tailoring new products to appeal to current and future market demand. 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, as well as in the face of the stark realities of the ongoing pandemic.

The market is most certainly there to be grasped - despite the virus and market uncertainty, the HNW and UHNW population remained robust, growing by nearly 8% in 2020, and Asia-Pacific remains one of the world’s fastest growing major regions for HNW individuals (HNWIs). And at the same time, naturally the pandemic has also increased awareness amongst HNWIs in the areas of health, longevity, and legacy planning.

HNW Life Insurance Solutions are most definitely now centre stage in Asia’s dynamic, expansive wealth market. Those who fail to grasp the opportunity are missing out on a signification weapon in their revenue generation arsenal and essentially failing their clients, many of whom might seek initial guidance and direction from their bankers and advisory firms, who within the guidelines of compliance can also participate to varying degrees in the very substantial commission income being generated.

Why you should attend?

• Connectivity across Private Banking, Independent Wealth Management, Retail Banking, Asset Management, Insurance, Technology, Professional Services and other communities.

• Find out how the industry can develop further & lessons it can learn from elsewhere. Improve skills and knowledge through a practical, enjoyable and interactive learning experience.

• This events are not only consistent, relevant, engaging and unique but also highly positive, and fun experiences.

2022 Speakers

FEATURED SPEAKERS:

Lee Woon Shiu
Managing Director & Group Head of Wealth Planning, Family Office & Insurance Solutions, DBS Private Banking

Nikki Koh
Chief Executive Officer, Singapore, Group Chief Commercial Officer, Charles Monat Associates

Rohit Ganguli
Head of Wealth Planning Asia, EFG Bank

Lee Sleight
Head of Business Development, Asia, Lombard International Assurance

2022 Partners

FEATRURED SPONSORS:

• Lombard International Assurance
• Charles Monat