Asset Management & Financial Services Providers 2015
ACE Insurance Limited 25/F, Shui On Centre, No. 6-8 Harbour Road, Wanchai, Hong Kong
Key Personnel
ABOUT ACE IN HONG KONG
Doug White Country President Hong Kong, Taiwan and Macau
ACE Group is one of the world’s largest multiline property and casualty insurers. With operations in 54 countries, ACE provides commercial and personal property and casualty insurance, personal accident and supplemental health insurance, reinsurance and life insurance to a diverse group of clients. ACE Limited, the parent company of ACE Group, is listed on the New York Stock Exchange (NYSE: ACE) and is a component of the S&P 500 index. ACE's core operating insurance companies are rated AA for financial strength by Standard & Poor’s and A++ by A.M. Best. With both general and life insurance operations, ACE has been present in Hong Kong for more than 90 years via acquisitions by its predecessor companies. Its general insurance operation in Hong Kong (ACE Insurance Limited) is a niche and specialist general insurer offering products such as Property, Casualty, Marine, as well as Accident & Health programs for large corporates, midsized commercial and small business customers. For ACE in Hong Kong, the AA- long term insurer financial strength and counterparty credit ratings by Standard & Poor’s are indicative of the company’s strong capitalization. Over the years, the company has built strong client relationships by offering responsive service, developing innovative products and providing market leadership built on financial strength.
Year Established 1919
Staff Size Over 160 employees (Hong Kong) Over 20,000 employees (Worldwide)
Products / Services General Insurance
Tel: (852) 3191 6800 Fax: (852) 2560 3565 Email: Inquiries.HK@acegroup.com
www.acegroup.com/hk
More information can be found at www.acegroup.com/hk. ACE Group and ACE Insurance are registered trademarks of ACE Limited.
ACE Life Insurance Company Ltd. (Incorporated in Bermuda with Limited Liability)
33/F, ACE Tower, Windsor House, 311 Gloucester Road, Causeway Bay, Hong Kong
Key Personnel
ABOUT ACE LIFE IN HONG KONG
Allan Lam Country President
ACE Life is the global life insurance division of ACE Group, one of the world’s largest multiline property and casualty insurers. With operations in 54 countries, ACE provides commercial and personal property and casualty insurance, personal accident and supplemental health insurance, reinsurance and life insurance to a diverse group of clients. ACE Limited, the parent company of ACE Group, is listed on the New York Stock Exchange (NYSE: ACE) and is a component of the S&P 500 index. ACE's core operating insurance companies are rated AA for financial strength by Standard & Poor’s and A++ by A.M. Best. With both general and life insurance operations, ACE has been present in Hong Kong for more than 90 years, via acquisitions by its predecessor companies. Specifically to meet the needs of financial protection and security of its broad range of customers, ACE Life in Hong Kong (ACE Life Insurance Company Ltd.) offers a comprehensive array of quality life and medical insurance products and services.
Year Established 1988
Staff Size Over 150 employees (Hong Kong) Over 20,000 employees (Worldwide)
Products / Services Life Insurance Tel: (852) 2881 0688 Fax: (852) 2577 0866 Email: Enquiries.HKLife@acegroup.com
More information can be found at www.acelife.com.hk
www.acelife.com.hk 34
biz.hk 5 • 2015
Professional Wills Limited 5/F, 657 King's Road, Quarry Bay, Hong Kong
Key Personnel
Company Activities / History
Matthew Lloyd Director
Professional Wills Limited is a specialist Will writing company in Hong Kong dealing not only with Wills but associated issues relating to estate and succession planning, domicile and inheritance and estate tax. We have many US clients and we well understand the issues relating to US clients resident in Hong Kong.
Year Established
Guardianship
Jessica Park Managing Director
10
We take care of the appointment of permanent guardians for children which is a major concern for parents who have no family members in Hong Kong. Until the guardians arrive in Hong Kong the appointment of friends or neighbours as temporary guardians provides peace of mind.
Products / Services
Tax / Estate Planning
2007
Staff Size
Will Writing and Estate Planning Tel: (852) 2561 9031 Fax: (852) 2561 0526 Email: enquiry@profwills.com
www.profwills.com
biz.hk 5 • 2015
Worldwide tax applies to Americans in the event of death but understanding ways to mitigate this and plan effectively is important and we make clients aware of the issues involved. This is all the more complex when there is a US person with a non US spouse. Making a Will brings great peace of mind knowing that everything is organised properly. You will not leave a trail of problems behind you if you take off suddenly and do not come back!
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