In Singapore over the past 12 months, Manulife has issued 25 individual policies each worth more than US$50 million.
(Feb 24): Manulife Financial Corp sold a US$300 million ($380.3 million) life insurance policy in Singapore, topping what Guinness World Records certified as the most valuable policy ever issued.
The policy surpasses the previous record of US$250 million, set by HSBC Life in Hong Kong in 2024. Manulife said in a statement on Tuesday that the deal reflects growing demand from ultra-wealthy clients to preserve their assets.
