Latest news with #HNW
National Post
3 days ago
- Business
- National Post
Triangle Life: transforming the high-net-worth life insurance experience
Article content HAMILTON, Bermuda — Triangle Life announces today that it has secured its next stage of growth investment. Alongside this, the company has commenced signing agreements with international high-net-worth (HNW) brokers across key international financial centres. Article content Headquartered in Bermuda, a global financial centre for insurance and reinsurance, Triangle Life is the only life insurance company founded with a sole focus on serving the HNW market. Article content A strong capital base for growth has been achieved through investment from a diverse group of investors, including Aspida Holdings Ltd (Aspida), BroadRiver Asset Management L.P. and a series of family offices, who align with Triangle Life's long-term vision and client-centric approach. The investors are highly supportive of the company's focus as a HNW insurance provider and its innovative growth strategy. Article content Bringing together an exceptional team of experienced HNW insurance leaders, led by CEO, Niall O'Hare, the company is dedicated to working with brokers to help HNW clients realise the positive impact of their wealth in securing legacy plans aligned with their values and aspirations. Article content Triangle Life has developed an innovative digital platform designed to enhance advisors' engagement and meet the expectations of today's internationally mobile, tech-savvy HNW clients. Blending cutting-edge technology with personalised service, the platform is built to deliver a modern and convenient insurance experience. Article content Niall O'Hare, CEO, Triangle Life commented: 'At Triangle Life, we see an opportunity to bring fresh thinking and a new approach in HNW mortality protection. Strong backing from our investors reflects confidence in our vision: a modern life insurer built around the needs of today's HNW clients. We're excited to deliver on this through a team of seasoned professionals, working alongside leading brokers serving clients with complex, international life insurance needs.' Article content Merrilyn Johnson, Chief Commercial Officer, Triangle Life commented: Article content 'Triangle Life is inspired by the belief that meeting the evolving needs of the global HNW community means doing things differently — with deeper insight, greater flexibility, and a personalised approach. By combining exceptional service with deep experience, we are built to deliver best-in-class, digitally enabled HNW life insurance solutions.' Article content Triangle Life is expanding its broker network and invites interested distributors and advisors to contact the company for more information at info@ or visit Article content Jefferies acted as financial advisor and Skadden, Arps, Slate, Meagher & Flom (UK) LLP served as legal advisors to the Company in this transaction, with Appleby Bermuda acting as Bermuda counsel. Article content Triangle Life is a Bermuda-based life insurance company providing solutions for HNW individuals (HNWIs), their families and businesses to meet today's client needs, as well as the transition to tomorrow's demands and expectations. It is uniquely focused on solving the complexities of global wealth succession that enables HNWIs to bestow a legacy aligned to their personal vision, goals and values. Article content Article content Article content Article content Article content Contacts Article content
South China Morning Post
3 days ago
- Business
- South China Morning Post
Chubb Life Hong Kong advances art of legacy planning with new global wealth centre
Chubb Life Hong Kong has taken a bold step in its insurance and wealth management journey by opening the company's first global wealth centre, Chubb 1792 Club, in Hong Kong. The nearly 10,000 sq ft lounge at The Gateway in Tsim Sha Tsui will cater to the growing number of affluent and high-net-worth (HNW) individuals in Hong Kong and across Asia through a fusion of wealth management expertise and artistic engagement. The city's rise as a global wealth management hub underpins the timeliness of this new Chubb Life Hong Kong initiative. By the end of 2023, Hong Kong's asset and wealth management sector reached HK$31.2 trillion (US$3.97 trillion), with 64 per cent of this sum originating from non-Hong Kong investors. The life insurance sector in particular has seen robust growth, with mainland Chinese tourists alone spending HK$62.8 billion on life and medical policies last year – 6.5 per cent up on the previous year. This surge is reflected in Chubb Life's tailored solutions for its customers, including wealth preservation and intergenerational legacy planning, especially amid Asia's estimated US$85 trillion protection gap – according to Chubb's annual report 2024 – driven by under-insurance and an ageing population. The Chubb 1792 Club lounge is designed to foster meaningful engagement and deliver bespoke wealth management services and opportunities through art. Photo: Chubb Life Hong Kong In response to this growing demand, Chubb Life Hong Kong has been expanding its tailored insurance solutions for HNW clients and plans to grow its Hong Kong-based agency workforce significantly – while investing in digital transformations to enhance efficiency and client experience. Named to mark Chubb's founding year, the Club is much more than a conventional wealth centre as it aims to serve as a prestigious platform delivering bespoke wealth planning services while weaving cultural storytelling into the client experience. The wealth centre features a collection of works by eight renowned and emerging artists curated by Art021, China's largest contemporary art fair group. Among the artworks are two newly commissioned pieces. One, Harbor Mirage, a digital landscape by Shanghai-based artist Yang Yongliang, is much like water, in that it flows between past and present. Yang's video blends the stillness of artworks from the Song Dynasty, the dynamic energy of Hong Kong depicted via its skyline, and modern technology. The second piece is by Hong Kong artist Desmond Leung, and is a series of seven, 20-second videos representing elements of Chinese cosmology: metal, wood, water, fire, earth, sun, moon and stars. Rotating through seven rooms, these videos reflect the cycles of time and create an immersive journey for visitors. Yang Yongliang's Harbor Mirage (left) and Annie Morris's Stack 3, Studio Turquoise installation (right) in the Chubb 1792 Club lounge. Photo: Chubb Life Hong Kong Hong Kong artist Stephen Wong, meanwhile, presents his vivid painting of the city's landscape. The selection also includes the works of Annie Morris, Wolfgang Tillmans, Abraham Lacalle, Long Quan and Lu Pingyuan.
Business Wire
3 days ago
- Business
- Business Wire
Triangle Life: Transforming the High-Net-Worth Life Insurance Experience
HAMILTON, Bermuda--(BUSINESS WIRE)--Triangle Life announces today that it has secured its next stage of growth investment. Alongside this, the company has commenced signing agreements with international high-net-worth (HNW) brokers across key international financial centres. Headquartered in Bermuda, a global financial centre for insurance and reinsurance, Triangle Life is the only life insurance company founded with a sole focus on serving the HNW market. A strong capital base for growth has been achieved through investment from a diverse group of investors, including Aspida Life Insurance Company, BroadRiver Asset Management L.P. and a series of family offices, who align with Triangle Life's long-term vision and client-centric approach. The investors are highly supportive of the company's focus as a HNW insurance provider and its innovative growth strategy. Bringing together an exceptional team of experienced HNW insurance leaders, led by CEO, Niall O'Hare, the company is dedicated to working with brokers to help HNW clients realise the positive impact of their wealth in securing legacy plans aligned with their values and aspirations. Triangle Life has developed an innovative digital platform designed to enhance advisors' engagement and meet the expectations of today's internationally mobile, tech-savvy HNW clients. Blending cutting-edge technology with personalised service, the platform is built to deliver a modern and convenient insurance experience. Niall O'Hare, CEO, Triangle Life commented: 'At Triangle Life, we see an opportunity to bring fresh thinking and a new approach in HNW mortality protection. Strong backing from our investors reflects confidence in our vision: a modern life insurer built around the needs of today's HNW clients. We're excited to deliver on this through a team of seasoned professionals, working alongside leading brokers serving clients with complex, international life insurance needs." Merrilyn Johnson, Chief Commercial Officer, Triangle Life commented: 'Triangle Life is inspired by the belief that meeting the evolving needs of the global HNW community means doing things differently — with deeper insight, greater flexibility, and a personalised approach. By combining exceptional service with deep experience, we are built to deliver best-in-class, digitally enabled HNW life insurance solutions.' Triangle Life is expanding its broker network and invites interested distributors and advisors to contact the company for more information at info@ or visit Jefferies acted as financial advisor and Skadden, Arps, Slate, Meagher & Flom (UK) LLP served as legal advisors to the Company in this transaction, with Appleby Bermuda acting as Bermuda counsel. ABOUT TRIANGLE LIFE Triangle Life is a Bermuda-based life insurance company providing solutions for HNW individuals (HNWIs), their families and businesses to meet today's client needs, as well as the transition to tomorrow's demands and expectations. It is uniquely focused on solving the complexities of global wealth succession that enables HNWIs to bestow a legacy aligned to their personal vision, goals and values.
Yahoo
3 days ago
- Business
- Yahoo
Triangle Life: Transforming the High-Net-Worth Life Insurance Experience
HAMILTON, Bermuda, June 17, 2025--(BUSINESS WIRE)--Triangle Life announces today that it has secured its next stage of growth investment. Alongside this, the company has commenced signing agreements with international high-net-worth (HNW) brokers across key international financial centres. Headquartered in Bermuda, a global financial centre for insurance and reinsurance, Triangle Life is the only life insurance company founded with a sole focus on serving the HNW market. A strong capital base for growth has been achieved through investment from a diverse group of investors, including Aspida Life Insurance Company, BroadRiver Asset Management L.P. and a series of family offices, who align with Triangle Life's long-term vision and client-centric approach. The investors are highly supportive of the company's focus as a HNW insurance provider and its innovative growth strategy. Bringing together an exceptional team of experienced HNW insurance leaders, led by CEO, Niall O'Hare, the company is dedicated to working with brokers to help HNW clients realise the positive impact of their wealth in securing legacy plans aligned with their values and aspirations. Triangle Life has developed an innovative digital platform designed to enhance advisors' engagement and meet the expectations of today's internationally mobile, tech-savvy HNW clients. Blending cutting-edge technology with personalised service, the platform is built to deliver a modern and convenient insurance experience. Niall O'Hare, CEO, Triangle Life commented: "At Triangle Life, we see an opportunity to bring fresh thinking and a new approach in HNW mortality protection. Strong backing from our investors reflects confidence in our vision: a modern life insurer built around the needs of today's HNW clients. We're excited to deliver on this through a team of seasoned professionals, working alongside leading brokers serving clients with complex, international life insurance needs." Merrilyn Johnson, Chief Commercial Officer, Triangle Life commented: "Triangle Life is inspired by the belief that meeting the evolving needs of the global HNW community means doing things differently — with deeper insight, greater flexibility, and a personalised approach. By combining exceptional service with deep experience, we are built to deliver best-in-class, digitally enabled HNW life insurance solutions." Triangle Life is expanding its broker network and invites interested distributors and advisors to contact the company for more information at info@ or visit Jefferies acted as financial advisor and Skadden, Arps, Slate, Meagher & Flom (UK) LLP served as legal advisors to the Company in this transaction, with Appleby Bermuda acting as Bermuda counsel. ABOUT TRIANGLE LIFE Triangle Life is a Bermuda-based life insurance company providing solutions for HNW individuals (HNWIs), their families and businesses to meet today's client needs, as well as the transition to tomorrow's demands and expectations. It is uniquely focused on solving the complexities of global wealth succession that enables HNWIs to bestow a legacy aligned to their personal vision, goals and values. View source version on Contacts MEDIA CONTACTTom Nutt/Sara NeidleSEC Newgate UKTriangleLife@
Zawya
4 days ago
- Business
- Zawya
Chubb Life Hong Kong Launches Chubb 1792 Club: A New Era in Tailored Wealth Management Services
With a legacy of excellence, expertise, and a bold vision, Chubb Life HK is meeting rising demand for sophisticated, future-focused financial planning through bespoke legacy and wealth solutions HONG KONG SAR - Media OutReach Newswire - 16 June 2025 - Chubb Life Hong Kong (Chubb Life HK) today launched its first wealth centre, Chubb 1792 Club, marking a pivotal moment in its insurance and wealth management journey. Located at The Gateway in Tsim Sha Tsui, a premier business and tourism district, Chubb 1792 Club aims to serve the increasing health and wealth needs of affluent customers and high-net-worth (HNW) individuals in Hong Kong as well as incoming visitors to the city. The launch of Chubb 1792 Club marks a key milestone for Chubb Life as Hong Kong accelerates its ascent as a global insurance and wealth management powerhouse, attracting affluent and HNW customers and their assets. By the end of 2023, the asset and wealth management sector reached a remarkable HK$31.2 trillion, with 64% of assets sourced from non-Hong Kong residents. This acceleration is particularly evident in the life insurance sector, which saw record-breaking sales in 2024 as both local residents and Mainland Chinese visitors sought protection and wealth management solutions. Notably, Mainland Chinese visitors spent HK$62.8 billion in 2024 mainly on life, critical illness and medical policies, a 6.5% increase from the previous year, reinforcing the city's potential to attract and manage wealth for affluent and HNW individuals. The surge in demand for life and health related policies reflects Chubb Life's key target audience of affluent and HNW customers. The company offers a comprehensive suite of tailored insurance solutions designed to meet the unique needs of its customers, including wealth preservation and intergenerational legacy management. In response to this growing demand, Chubb Life HK has expanded its portfolio with tailored insurance solutions, including its flagship Chubb MyLegacy Insurance Plan III, as well as Future Achiever Savings Plan II and Infinity Prestige Life Insurance Plan. Belinda Au, President of Chubb Life Hong Kong and Head of North Asia, said, "The launch of Chubb 1792 Club represents a bold leap in our continued expansion in the wealth management space. It reflects our long-standing commitment to serving the evolving needs of customers with differentiated, high-touch solutions that go beyond traditional insurance." Chubb 1792 Club, a tribute to Chubb's foundational year and legacy of excellence, will feature a nearly 10,000-square-foot signature lounge designed to deliver bespoke wealth management services and cultivate meaningful business opportunities, empowering affluent clients, brokers, and agents to build trusted relationships and enrich both their business and personal lives with every visit. "Disclaimer: **Important Note**: This press release is intended to be distributed in Hong Kong only and shall not be construed as an offer to sell, solicitation or persuasion to buy or provision of any of insurance products outside Hong Kong. Hashtag: #Chubb The issuer is solely responsible for the content of this announcement. About Chubb Chubb is a world leader in insurance. With operations in 54 countries and territories, Chubb provides commercial and personal property and casualty insurance, personal accident and supplemental health insurance, reinsurance and life insurance to a diverse group of clients. The company is defined by its extensive product and service offerings, broad distribution capabilities, exceptional financial strength and local operations globally. Parent company Chubb Limited is listed on the New York Stock Exchange (NYSE: CB) and is a component of the S&P 500 index. Chubb employs approximately 43,000 people worldwide. Additional information can be found at: Chubb Life Hong Kong
