Monday, March 1, 2010

Prudential to takeover AIA. What will happen to AIA policyholders?

I just read the news that Prudential will takeover AIA for US$35 million dollars. And I have a policy with AIA!!

Given this scenario, what will happen to AIA policyholders?

Will AIA still exist as a company or will all existing policies be taken over by Prudential?

I would like to think that AIA will soon stop existing as a company and that Prudential will just take over all existing policies in due time. This will be the most efficient way to run the business if I were the CEO.

Sometime back, Manulife bought over John Hancock and all policies were taken over by Manulife. John Hancock (JH) simply ceased to exist as an entity in a certain sense as you do not see any new JH policies or any JH agents around here in Singapore.

What do you think?


  1. Yes, jobs are not safe for those AIA agents.

  2. Actually... we still exist at 2 separate entities, No changes to existing AIA policyholders or AIA Agents.

    Besides, none of the contracts signed gave the insurer the right to change anything without the client's permission, so I wouldn't worry too much.


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