News Life and Health28 Aug 2019

AIA Singapore plans new Brunei office

Seeking to transfer the life insurance business of AIA Company's Brunei branch to AIA Singapore's Brunei branch, both parties have announced their intention to make a court application for the confirmation of a 'Scheme of Arrangement'. The transfer is intended to take effect on 1 January 2020 or at a later date which will be shared by the life insurer in due course.

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