Sunday Dec 15, 2024
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AIA Group Ltd., together with its subsidiaries announced yesterday that it is the company with the largest number of MDRT members for an unprecedented eight consecutive years.
Since the company’s IPO in 2010, the number of MDRT members has increased by an impressive 768%.
AIA Group Chief Executive and President Lee Yuan Siong said: “We are delighted to achieve the number one global MDRT ranking for a record eighth year in a row. Our trusted and professional agents are central to AIA’s unrivalled distribution platform which enables AIA to deliver on our purpose to help millions of people live ‘Healthier, Longer, Better Lives’.”
Regional Chief Executive and Group Chief Distribution Officer Jacky Chan said: “We are proud to be awarded the number one MDRT multinational company. This incredible accomplishment is testament to the dedication of our agents against the backdrop of a complex operating environment. We will continue investing in our high-quality agency force as we accelerate our premier agency model across Asia.”
Million Dollar Round Table (MDRT) is globally recognised as the premier association of financial professionals. MDRT members demonstrate exceptional professional knowledge, strict ethical conduct and outstanding client service. MDRT membership is recognised internationally as the standard of excellence in the life insurance and financial services industry. AIA Group comprise the largest independent publicly listed pan-Asian life insurance group. It has a presence in 18 markets – wholly-owned branches and subsidiaries in Mainland China, Hong Kong SAR(1), Thailand, Singapore, Malaysia, Australia, Cam-bodia, Indonesia, Myanmar, New Zealand, the Philippines, South Korea, Sri Lanka, Taiwan (China), Vietnam, Brunei and Macau SAR(2), and a 49% joint venture in India. The business that is now AIA was first established in Shanghai more than a century ago in 1919. It is a market leader in Asia (ex-Japan) based on life insurance premiums and holds leading positions across the majority of its markets. It had total assets of $ 340 billion as of 31 December 2021.
AIA meets the long-term savings and protection needs of individuals by offering a range of products and services including life insurance, accident and health insurance and savings plans.
The Group also provides employee benefits, credit life and pension services to corporate clients. Through an extensive network of agents, partners and employees across Asia, AIA serves the holders of more than 39 million individual policies and over 16 million participating members of group insurance schemes.