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Insurer Manulife finds silver lining in S’pore’s fast-ageing population

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Manulife Singapore CEO Khoo Kah Siang said that the needs of seniors are huge but unmet.

Manulife Singapore CEO Khoo Kah Siang said that the needs of seniors are huge but unmet.

ST PHOTO: ARIFFIN JAMAR

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SINGAPORE - While other life insurers in Singapore are aggressively wooing high-net-worth clients, Manulife Singapore is looking at another growth area – the rapidly ageing population.

Although the initiative is in the initial stages, the firm is looking at more comprehensive solutions for seniors in Singapore, chief executive Khoo Kah Siang told The Straits Times in an interview.

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