Wednesday, April 25, 2012

Zurich Life Insurance (Singapore) Pte Ltd

Zurich today announced the launch of its subsidiary, Zurich Life
Insurance (Singapore) Pte. Ltd., following its successful registration as a direct insurer by the
Monetary Authority of Singapore. The new licence enables Zurich to serve more domestic
customers in Singapore with a wider range of products to complement its existing products
offered through the existing branch of Zurich International Life.

Mr. Graham Morrall, CEO of Zurich Life Insurance (Singapore), said: “The launch of the new
subsidiary reaffirms our commitment to the Singapore market, and positions us for further
profitable growth. We aspire to be the best insurer for the affluent and emerging affluent
customer segments, as measured by our customers, distributors and employees. Singapore is a
market with relatively high concentration of wealthy and high net worth individuals, where
we see considerable growth potential in our target segments.”

Zurich presence in Singapore

In Singapore, Zurich provides a wide range of insurance offerings. Under its general
insurance entity, Zurich Insurance Company Ltd (Singapore Branch) offers general insurance
products for commercial and corporate clients. It also offers life insurance solutions for
individuals and corporate customers through Zurich International Life Limited (Singapore

The branch of Zurich International Life established since 2006 has equipped Zurich with a
strong understanding of the unique needs of the affluent market in Singapore. Together with
Zurich’s global expertise in risk management and insurance solutions, Zurich in Singapore is
well placed to bring expert knowledge and offer customers an extensive range of savings,
investment and protection products.

Putting the “sure” in insurance

A lack of transparency and clarity remain top concerns for many consumers when buying life
insurance. To ease the worries, Zurich endeavors to offer customers products and services
which are easy to understand at every step of the way from application, to purchase and

Mr. Morrall added, “By “putting the ‘sure’ in insurance”, Zurich is committed to provide the
right solutions by offering clarity, simplicity and surety. To reach out to more customers, we
are implementing a multi-distribution strategy through close collaboration with our trusted
distribution partners who also hold our core value of customer centricity. We are keen to expand our distribution channels and attract the best talent to join us, by equipping them with
the necessary tools and training to deliver the best to our customers.”

To mark the launch, Zurich has also opened a new Business Centre which provides customers
a modern meeting space to meet financial professionals to discuss their financial planning

Zurich International Life Limited (Singapore Branch) has been operating in Singapore since 2006
with a license to offer protection, saving and investment plans to the expatriates and high net worth
individuals. Its award-winning savings and investment plan, Vista, is targeted at individuals with the
ability to invest at least USD 5,000 per annum over ten years. Its International Term Assurance is
aimed at individuals who wish to apply for a life insurance policy with a minimum sum assured of USD

Zurich Insurance Group (Zurich) is a leading multi-line insurance provider with a global network of
subsidiaries and offices in Europe, North America, Latin America, Asia-Pacific and the Middle East as
well as other markets. It offers a wide range of general insurance and life insurance products and
services for individuals, small businesses, mid-sized and large companies as well as multinational
corporations. Zurich employs about 60,000 people serving customers in more than 170 countries. The
Group, formerly known as Zurich Financial Services Group, is headquartered in Zurich, Switzerland,
where it was founded in 1872. The holding company, Zurich Insurance Group Ltd (ZURN), is listed on
the SIX Swiss Exchange and has a level I American Depositary Receipt program which is traded
over-the-counter on OTCQX. Further information about Zurich is available at

Being part of Zurich Insurance Group, Zurich Life Insurance (Singapore) Pte. Ltd. offers a
comprehensive suite of life insurance, investment, savings and protection solutions for individuals and corporate consumers, to cater to their evolving protection and investment needs.



  1. New ventures will hopefully heighten the company's position in the market. Not only that, the effort also increase the options for the consumers.

    1. Which companies are distributors or servicing agents of Zurich Intl Life in Singapore or the Philippines ?

  2. Which companies are distributors or servicing agents of Zurich Intl Life in Singapore or the Philippines ?

  3. Off-hand, Zurich has bancassurance tie-ups with Citi and ANZ. It has a small tied-agency force, but I'm sure they will be looking to expand now.

  4. I felt extremely upbeat while perusing this site. This was truly exceptionally useful site for me. I truly enjoyed it. This was truly a warm post. Much obliged!. Progressive Insurance Brandon FL

  5. helpful data on subjects that bounty are intrigued on for this awesome post.

  6. Positive site, where did u come up with the information on this posting?I have read a few of the articles on your website now, and I really like your style. Thanks a million and please keep up the effective work. life insurance brokers in Dublin

  7. Facultative Reinsurance is normally utilized for substantial or bizarre dangers that a financier may need to explicitly prohibit from a Treaty Reinsurance understanding.reinsurance companies

  8. Great write-up, I am a big believer in commenting on blogs to inform the blog writers know that they’ve added something worthwhile to the world wide web!.. click here

  9. First You got a great blog .I will be interested in more similar topics. i see you got really very useful topics, i will be always checking your blog thanks.

  10. Very useful and clean writing thank you much. I enjoyed the style and exceptional concept. 비상주사무실

  11. I really enjoy simply reading all of your weblogs. Simply wanted to inform you that you have people like me who appreciate your work. Definitely a great post. Hats off to you! The information that you have provided is very helpful. vpnforexpats

  12. So luck to come across your excellent blog. Your blog brings me a great deal of fun.. Good luck with the site.

  13. Our credit repair services work to fix past credit mistakes and verify credit report accuracy. Talk to a credit repair expert today!  vpnveteran

  14. You really should indulge in a tournament personally of the most effective blogs on the internet. I’m going to recommend this web site! term life insurance

  15. I found that site very usefull and this survey is very cirious, I ' ve never seen a blog that demand a survey for this actions, very curious... auto insurance quotes online

  16. Particular interviews furnish firsthand message on mart size, industry trends, ontogeny trends, capitalist landscape and outlook, etc. we need privacy

  17. Specially intended for individuals who have crossed the multi year point, this spread pays cash that can be utilized for different monetary necessities of the recipients. As the approach is taken after 50, one can expect higher premiums.

  18. This comment has been removed by the author.

  19. Do you purchase term and contribute the distinction? On the off chance that you are a taught financial specialist this could work for you yet is it the most ideal approach to pass advantages for your beneficiaries tax exempt?

  20. fire insurance business" signifies the matter of affecting, generally than by chance to some different class of insurance business, contracts of insurance against misfortune by or coincidental to fire or other event, usually included among the dangers guaranteed against in flame insurance business. espn employee car insurance discount

  21. Your music is amazing. You have some very talented artists. I wish you the best of success. insurance

  22. I am inspired with your work and ability. Much thanks to you to such an extent.
    piano for all complete

  23. You need insurance yet looking for the correct inclusion to secure your family and your benefits resembles learning another insurance agency okc

  24. But now, it is somewhat different, Dealer-Owned Prepaid Maintenance as you have got lots of other options at your disposal from where you can get your vehicle insured, with some entirely new coverage choices.

  25. If curious about cars, we propose finding a shop to do a Pre Purchase Inspection. That way you know the mechanical condition and can utilize it as arranging power. The thing to recollect with all trade-in vehicle purchasing tips, you should consistently arrange the cost. Best Hydraulic Car Jacks

  26. yet on the off chance that you remain in school and can keep up in any event a 3.0 evaluation point normal then you can meet all requirements for at any rate a 5% Good Student decrease in your month to month premium. Best Covers for Car Seats

  27. Try to take a look at your car before decide what car insurance policy that you are planning to take cheap car insurance az

  28. There are many different auto insurance providers who will try to grab you as a customer. cheap auto insurance az

  29. I'd like to express my gratitude for sharing such an excellent article. The article is instructive because it offers some useful information. Thank you for sharing it with us. Continue to post. appraise my car

  30. Finding the best insurance brokers in our area is much easier thanks to your blog. It's crucial to choose wisely when it comes to security, wellbeing, and passions when it comes to insurance.

  31. Macau's casinos have been dropping hundreds of thousands of dollars month-to-month due to of} coronavirus restrictions because the special administrative region follows China's 'dynamic zero COVID' policy, which goals to curb all outbreaks. Sign Up NowGet this delivered to your inbox, and more information about our services and products. Was down 1.18% in its ultimate hour of commerce while gaming shares rebounded following information of an e-visa system for mainland Chinese guests to Macao. It provides a much-needed boost to Ocado at a time when grocery gross sales are slowing, and its shares jumped 33% to 632p on the information. There have been no reviews of harm or accidents from areas the place the alerts were issued. Bullet train services in those regions were briefly suspended 메리트카지노 following the missile alert earlier than resuming shortly.