PCS Vision
Issue 3 | July 2024
Fun fact, the earliest known life protection policy was made at the Royal Exchange in London on 18 June 1583, it was a one-year policy*. Today’s solutions are beyond comparison, and many have evolved to service the wealth planning and transfer needs of high net worth (HNW) families.
In this issue of PCS by Mercer Vision, Singapore CEO, Davin Wong delivers our 2024 HNW profile, highlighting two definitive trends, and Executive Director, Patrick Wang shares some insights on HNW risk management under the amended Company Law in China. In the two case studies, one demonstrates how keyperson insurance is safeguarding business continuity while the other shows how a family is protecting their wealth across three generations.
*Fouse, L. G. (September 1905). "Policy Contracts in Life Insurance". The Annals of the American Academy of Political and Social Science. 26 (2): 29–48
This document has been prepared by Private Client Services by Mercer Limited and Private Client Services by Mercer Pte. Ltd. (collectively, “PCS”) and the information or concepts illustrated in this presentation is for reference only. The information contained in this document does not purport to show actual projections or results. It is not, and should not be regarded as investment advice or as a recommendation regarding any particular product. Opinions expressed herein are current opinions as of the date appearing in this material only and are subject to change at any time without notice. In the event any of the assumptions used do not prove to be true or underlying investment rationale has changed, results are likely to vary substantially. All investments entail risks. PCS does not purport to and does not in any manner, provide tax or legal advice in respect of insurance products issued in any jurisdiction and by any insurers. You should consult your advisors with respect to these areas.
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