(From
Left)
Ms
Joan
Tam,
Head
of
Brokerage,
Chubb
Life
Hong
Kong,
Ms
Ivy
Cheung,
Chief
Marketing
Officer,
Chubb
Life
Hong
Kong,
Mr.
Eric
Ng
Tung
Hing,
Global
Chief
Financial
Officer,
Chubb
Life,
Mrs
Belinda
Au,
President
of
Hong
Kong
and
Head
of
North
Asia,
Chubb
Life
Hong
Kong,
Mr
Bryce
Johns,
Global
President,
Chubb
Life,
Mr
William
Man,
Chief
Operation
Officer,
Chubb
Life
Hong
Kong
The
launch
of
Chubb
1792
Club
marks
a
key
milestone
for
Chubb
Life
as
Hong
Kong
accelerates
its
ascent
as
a
global
insurance
and
wealth
management
powerhouse,
attracting
affluent
and
HNW
customers
and
their
assets.
By
the
end
of
2023,
the
asset
and
wealth
management
sector
reached
a
remarkable
HK$31.2
trillion,
with
64%
of
assets
sourced
from
non-Hong
Kong
residents.
This
acceleration
is
particularly
evident
in
the
life
insurance
sector,
which
saw
record-breaking
sales
in
2024
as
both
local
residents
and
Mainland
Chinese
visitors
sought
protection
and
wealth
management
solutions.
Notably,
Mainland
Chinese
visitors
spent
HK$62.8
billion
in
2024
mainly
on
life,
critical
illness
and
medical
policies,
a
6.5%
increase
from
the
previous
year,
reinforcing
the
city’s
potential
to
attract
and
manage
wealth
for
affluent
and
HNW
individuals.
The surge in demand for life and health related policies reflects Chubb Life’s key target audience of affluent and HNW customers. The company offers a comprehensive suite of tailored insurance solutions designed to meet the unique needs of its customers, including wealth preservation and intergenerational legacy management. In response to this growing demand, Chubb Life HK has expanded its portfolio with tailored insurance solutions, including its flagship Chubb MyLegacy Insurance Plan III, as well as Future Achiever Savings Plan II and Infinity Prestige Life Insurance Plan.
Belinda Au, President of Chubb Life Hong Kong and Head of North Asia, said, “The launch of Chubb 1792 Club represents a bold leap in our continued expansion in the wealth management space. It reflects our long-standing commitment to serving the evolving needs of customers with differentiated, high-touch solutions that go beyond traditional insurance.”
Chubb 1792 Club, a tribute to Chubb’s foundational year and legacy of excellence, will feature a nearly 10,000-square-foot signature lounge designed to deliver bespoke wealth management services and cultivate meaningful business opportunities, empowering affluent clients, brokers, and agents to build trusted relationships and enrich both their business and personal lives with every visit.
“Disclaimer: **Important Note**: This press release is intended to be distributed in Hong Kong only and shall not be construed as an offer to sell, solicitation or persuasion to buy or provision of any of insurance products outside Hong Kong.
Hashtag: #Chubb
The issuer is solely responsible for the content of this announcement.
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