The resurgence of COVID-19 infections across Australia has sent HNWIs in the country buying life insurance products — even as trust levels for insurers remain low, according to GlobalData. The data and analytics company’s 2020 Global Wealth Managers Survey shows a surge in demand in life insurance products for Australia’s HNW investors. In fact, 88% of the wealth managers surveyed […]

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Research suggests that, by 2020, Asia – which today has the world’s largest HNW population – could be home to more than US$14.5 trillion in HNW wealth. Asian Private Banker’s ‘Succession Planning 2018: Perceptions and Opportunities for HNWIs’ report, sponsored by Transamerica Life Bermuda, explores the industry’s perception of succession planning, clients’ needs for effective wealth transfer and wealth preservation, […]

The post Succession Planning: Life Insurance and Succession Planning (Executive Summary Part 3) appeared first on Asian Private Banker.

By the end of 2015, the top 20 private banks in Asia by assets under management accounted for US$1.47 trillion in high net worth wealth, according to Asian Private Banker data. The region is widely pinpointed as the global wealth management ‘hotspot’ – and for good reason. By 2020, research suggests that Asia – which is already home to the […]

The post Asia’s HNW life insurance industry laid bare: Key insights from industry-first study appeared first on Asian Private Banker.

The Hong Kong subsidiary of Lombard International, a provider of life insurance wealth structuring solutions for high net worth individuals, has been granted a brokerage licence by the Hong Kong authorities today. In a press release, Lombard International, which launched to market in September 2015, has pinpointed its newly-licensed Hong Kong subsidiary, Lombard International Brokers Limited, as a “gateway for future expansion opportunities […]

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