{"id":20490,"date":"2018-10-10T09:33:27","date_gmt":"2018-10-10T01:33:27","guid":{"rendered":"https:\/\/newcorpdemo-uat.cntaiping.sg\/?post_type=newsroom&#038;p=20490"},"modified":"2025-04-04T17:42:42","modified_gmt":"2025-04-04T09:42:42","slug":"china-taiping-insurance-singapore-appoints-lance-tay-as-general-manager-for-life-insurance","status":"publish","type":"newsroom","link":"https:\/\/www.sg.cntaiping.com\/en\/newsroom\/china-taiping-insurance-singapore-appoints-lance-tay-as-general-manager-for-life-insurance\/","title":{"rendered":"China Taiping Insurance Singapore Appoints Lance Tay as General Manager for Life Insurance"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-post\" data-elementor-id=\"20490\" class=\"elementor elementor-20490\" data-elementor-post-type=\"newsroom\">\n\t\t\t\t<div class=\"has_eae_slider elementor-element elementor-element-097329f e-flex e-con-boxed e-con e-parent\" data-id=\"097329f\" data-element_type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-a93459e elementor-widget elementor-widget-text-editor\" data-id=\"a93459e\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\tSingapore, 10 October 2018 &#8211; China Taiping Insurance Singapore today announced the appointment of Mr. Lance Tay as General Manager for its life insurance business.\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-464113e elementor-widget elementor-widget-image\" data-id=\"464113e\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img decoding=\"async\" width=\"200\" height=\"225\" src=\"https:\/\/www.sg.cntaiping.com\/wp-content\/uploads\/2025\/02\/LanceTay.jpg\" class=\"attachment-full size-full wp-image-20494\" alt=\"\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-0b33f84 elementor-widget elementor-widget-text-editor\" data-id=\"0b33f84\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\tMr. Tay is responsible for the overall establishment and development of the life insurance business of China Taiping Insurance Singapore. The company\u2019s life insurance business is expected to be fully operational by January 2019.\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-97101df elementor-widget elementor-widget-text-editor\" data-id=\"97101df\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\tLance has extensive experience spanning over three decades in the insurance sector across a number of markets. He has held various senior roles in Singapore and the region. Lance was previously the Chief Executive Officer of Tokio Marine Life Insurance where under his leadership, the company grew rapidly to become a tier 1 significant insurer with total assets exceeding S$5 billion.\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-70f0599 elementor-widget elementor-widget-text-editor\" data-id=\"70f0599\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\tCommenting on the appointment, Mr. Yang Yamei, General Manager, China Taiping Insurance Singapore said: \u201cIt is an honor to have Lance lead our life insurance business. Lance has a proven track record of outperforming targets throughout his successful career. With his wealth of experience, Lance can help us achieve our goal of providing one-stop comprehensive financial solutions for personal and business needs. This appointment underscores the significance of our business and our commitment to Singapore.\u201d\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-6877a94 elementor-widget elementor-widget-text-editor\" data-id=\"6877a94\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\tChina Taiping Insurance Singapore celebrates its 80th anniversary in Singapore this year. The company received its licence to carry on life insurance business in Singapore as a composite insurer from the Monetary Authority of Singapore on 27 August 2018.\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-a1395de elementor-widget elementor-widget-text-editor\" data-id=\"a1395de\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<strong>About China Taiping Insurance Singapore<\/strong>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-d24dbc5 elementor-widget elementor-widget-text-editor\" data-id=\"d24dbc5\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\tChina Taiping Insurance (Singapore) Pte. Ltd. (\u201cCTPIS\u201d) is a leading composite insurer for both life and general insurance businesses, originated from Tai Ping Insurance Co. Ltd Singapore Branch established in Singapore since 1938. CTPIS has a financial strength rating of \u201cA\u201d and issuer credit rating of \u201ca\u201d by the A.M. Best, and the outlook of these Credit Ratings (ratings) is stable. CTPIS has been assuring our customers in Singapore with financial peace of mind for the last 80 years. Our personal insurance protection covers travel, motor, home, personal accident, hospital and domestic maid. Our business insurance includes various business operation packages, property, casualty (includes work injury compensation), bonds, engineering, marine and medical &#038; health. CTPIS is wholly owned by China Taiping Insurance Holdings Company Limited (\u201cCTIH\u201d), which was listed on the Hong Kong Stock Exchange in 2000, making it the first Chinese-funded insurer listed overseas.\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-f8462f5 elementor-widget elementor-widget-text-editor\" data-id=\"f8462f5\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<strong>About China Taiping Group<\/strong>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-d2ff02e elementor-widget elementor-widget-text-editor\" data-id=\"d2ff02e\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\tChina Taiping Insurance Group Limited, CTIPS\u2019 parent, is a large transnational financial and insurance group with 500,000 employees, 24 subsidiaries, more than 2,000 business outlets and total assets of RMB 600 billion. Its business network covers Mainland China, Hong Kong, Macau, North America, Europe, Oceania, East and Southeast Asia. In July 2018, it became one of the Fortune 500 companies. Its business scope includes life insurance, general insurance, pension insurance, reinsurance, reinsurance brokers and insurance agency, internet insurance, assets management, securities brokerage, financial lease, real estate investment, pension industry investment and other business, thus providing our clients with one-stop financial and insurance services.\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-5a37539 elementor-widget elementor-widget-text-editor\" data-id=\"5a37539\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\tMedia Contact:<br>\nCindy Cheng<br>\nHead, Marketing<br>\nChina Taiping Insurance (Singapore) Pte Ltd<br>\nTel: (65) 6389 6158<br>\nCindy.cheng@sg.cntaiping.com\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>testing from expert<\/p>\n","protected":false},"author":6,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"_acf_changed":false,"ocean_post_layout":"full-width","ocean_both_sidebars_style":"","ocean_both_sidebars_content_width":0,"ocean_both_sidebars_sidebars_width":0,"ocean_sidebar":"0","ocean_second_sidebar":"0","ocean_disable_margins":"on","ocean_add_body_class":"","ocean_shortcode_before_top_bar":"","ocean_shortcode_after_top_bar":"","ocean_shortcode_before_header":"","ocean_shortcode_after_header":"","ocean_has_shortcode":"","ocean_shortcode_after_title":"","ocean_shortcode_before_footer_widgets":"","ocean_shortcode_after_footer_widgets":"","ocean_shortcode_before_footer_bottom":"","ocean_shortcode_after_footer_bottom":"","ocean_display_top_bar":"default","ocean_display_header":"default","ocean_header_style":"","ocean_center_header_left_menu":"0","ocean_custom_header_template":"0","ocean_custom_logo":0,"ocean_custom_retina_logo":0,"ocean_custom_logo_max_width":0,"ocean_custom_logo_tablet_max_width":0,"ocean_custom_logo_mobile_max_width":0,"ocean_custom_logo_max_height":0,"ocean_custom_logo_tablet_max_height":0,"ocean_custom_logo_mobile_max_height":0,"ocean_header_custom_menu":"0","ocean_menu_typo_font_family":"0","ocean_menu_typo_font_subset":"","ocean_menu_typo_font_size":0,"ocean_menu_typo_font_size_tablet":0,"ocean_menu_typo_font_size_mobile":0,"ocean_menu_typo_font_size_unit":"px","ocean_menu_typo_font_weight":"","ocean_menu_typo_font_weight_tablet":"","ocean_menu_typo_font_weight_mobile":"","ocean_menu_typo_transform":"","ocean_menu_typo_transform_tablet":"","ocean_menu_typo_transform_mobile":"","ocean_menu_typo_line_height":0,"ocean_menu_typo_line_height_tablet":0,"ocean_menu_typo_line_height_mobile":0,"ocean_menu_typo_line_height_unit":"","ocean_menu_typo_spacing":0,"ocean_menu_typo_spacing_tablet":0,"ocean_menu_typo_spacing_mobile":0,"ocean_menu_typo_spacing_unit":"","ocean_menu_link_color":"","ocean_menu_link_color_hover":"","ocean_menu_link_color_active":"","ocean_menu_link_background":"","ocean_menu_link_hover_background":"","ocean_menu_link_active_background":"","ocean_menu_social_links_bg":"","ocean_menu_social_hover_links_bg":"","ocean_menu_social_links_color":"","ocean_menu_social_hover_links_color":"","ocean_disable_title":"default","ocean_disable_heading":"default","ocean_post_title":"","ocean_post_subheading":"","ocean_post_title_style":"","ocean_post_title_background_color":"","ocean_post_title_background":0,"ocean_post_title_bg_image_position":"","ocean_post_title_bg_image_attachment":"","ocean_post_title_bg_image_repeat":"","ocean_post_title_bg_image_size":"","ocean_post_title_height":0,"ocean_post_title_bg_overlay":0.5,"ocean_post_title_bg_overlay_color":"","ocean_disable_breadcrumbs":"default","ocean_breadcrumbs_color":"","ocean_breadcrumbs_separator_color":"","ocean_breadcrumbs_links_color":"","ocean_breadcrumbs_links_hover_color":"","ocean_display_footer_widgets":"default","ocean_display_footer_bottom":"default","ocean_custom_footer_template":"0","footnotes":"","_links_to":"","_links_to_target":""},"news-category":[10],"class_list":["post-20490","newsroom","type-newsroom","status-publish","hentry","news-category-corporate-activity","entry"],"acf":[],"yoast_head":"<!-- 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