ETIQA INSURANCE SINGAPORE DELIVERS STRONG RETURNS FOR PARTICIPATING POLICYHOLDERS

Etiqa Insurance’s consistent approach to the long-term management of its participating fund continued to benefit policyholders, with the assets under management growing to S$385.5 million in 2017, an increase of 133% over 2016. The progressive insurer’s participating policies continue to be an attractive financial option to meet the protection, savings and legacy needs of its customers.

“Our participating fund has achieved record performance in 2017, yet again reinforcing the benefits of investing in our financially strong fund. On the back of strong economic data and positive investment markets, we have delivered our highest ever net investment return of 10.99% for the fund. With our strategic asset allocation across equities and bonds, we are well positioned to continue providing stable returns for our customers,” said Sue Chi Kong, Chief Executive Officer of Etiqa Insurance Pte. Ltd.

As the insurance arm of Maybank Group, Etiqa ensures its participating fund is prudently managed and invested in a well balanced mix of assets. Smoothing of investment returns helps to diversify risk for policyholders and provides flexibility for the insurer to react to market changes to provide stable medium to long term returns, while maintaining the financial health of the fund. This allows Etiqa’s participating policyholders to benefit from stable, smoothed returns.

Etiqa’s participating fund is managed by Maybank Asset Management Singapore Pte. Ltd., a fully owned subsidiary of Maybank Asset Management Group Berhad. The group manages assets in excess of US$7.7 billion (as at 31st December 2017).

For more information on Etiqa, visit www.etiqa.com.sg.

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