AIA Unveils Wealth Elite Life Insurance Plan 3 To Empower High-Net-Worth Customers to Protect Their Loved Ones, Prepare for the Future, and Plan for the Next Generation

New participating whole-life insurance plan designed for high-net-worth individuals seeking enhanced protection leverage, life-stage flexibility, and thoughtful legacy planning

HONG KONG SAR – Media OutReach Newswire – 2 September 2026 – AIA Hong Kong & Macau announced the launch of Wealth Elite Life Insurance Plan 3 ("Wealth Elite 3"), a participating whole-life insurance plan designed for high-net-worth (HNW) customers. The plan supports customers in protecting their loved ones today, preparing for evolving needs in the future, and establishing structured arrangements for the next generation, helping to support thoughtful legacy planning.

AIA Hong Kong & Macau announced the launch of Wealth Elite Life Insurance Plan 3, a participating whole-life insurance plan designed for high-net-worth customers.

Meeting the Growing Need for Longevity

Hong Kong, one of the world's longest-living regions, is facing new challenges brought by an ageing population. For HNW individuals, as life expectancy increases and people live longer lives, gaps in planning can accumulate and become amplified over time. Findings from the AIA Alta High-Net-Worth Optimal Longevity Index¹ highlight that 23% of HNW individuals have no succession or inheritance preparations in place, underscoring the need for solutions that enable families to navigate longer lifespans with greater preparedness and confidence.

Alice Liang, Chief Proposition & Healthcare Officer of AIA Hong Kong & Macau, said: "As longevity reshapes financial priorities, HNW customers are increasingly focused on how to protect today, prepare for the future, and plan effectively for the next generation. This includes ensuring their loved ones are well protected from the outset, maintaining flexibility as circumstances evolve, and establishing clear and structured arrangements for legacy planning. Wealth Elite Life Insurance Plan 3 has been developed in response to these needs. By combining protection leverage with adaptable features and legacy planning capabilities, the plan enables customers to put in place thoughtful and continuous provisions for their families over time."

Combining Enhanced Protection Leverage with Flexibility Across Life Stages

Wealth Elite Life Insurance Plan 3 offers coverage of over six times the premium under specified conditions², enabling stronger protection leverage from the outset. In the unfortunate event of the insured's passing, a death benefit will be paid to the designated beneficiary(ies), supporting loved ones in accordance with the policy owner's intentions.

The plan also incorporates flexibility to adapt to changing needs across different life stages. The Policy Split Option allows policy owners to split a policy into separate policies to support evolving legacy or financial planning needs, enabling more tailored arrangements over time.

In addition, the Wealth Elite Life Insurance Plan 3³ is an eligible life insurance plan under the Policy Reverse Mortgage Programme (PRMP)⁴ of The Hong Kong Mortgage Corporation Limited. As life stages progress, customers can allocate their policy to be converted into lifetime retirement income through the programme.

Supporting Wealth Succession Through Legacy Planning Features

To help customers plan for the next generation, the plan incorporates a well-structured suite of legacy planning features and value-added services:

• First-in-market⁵ Future Wishes Arrangement⁶ allows customers to pre-set instructions that may take effect upon specified triggering events, such as death or health impairment conditions, enabling wealth planning decisions to be carried out in accordance with their wishes
• Transitional Owner Arrangement⁷ allows a designated transitional owner to oversee the policy with limited administrative rights until the contingent owner assumes ownership
• Contingent Owner⁸ designation facilitates the transfer of policy ownership upon the passing of the policy owner, subject to approval
• First-in-market⁹ Health Impairment Option allows designated recipients to receive benefit payment and/or ownership transfer if the policy owner suffers from a mental condition or becomes unconscious for a certain period due to a specified illness, including Apallic Syndrome and Coma
• Death Benefit Settlement Option¹⁰ allows policy owners to determine how beneficiaries receive the death benefit in accordance with their needs, including instalment-based payments
• First-in-market¹¹ Beneficiary Flexi Option¹⁰ enables beneficiaries to choose their preferred settlement option upon reaching a designated age or under specified conditions (such as being diagnosed with a specified illness)¹²

To further strengthen protection in the early policy years, the plan includes a coverage booster, a campaign-based offer available from 31 August 2026 to 31 December 2026 (both dates inclusive), which provides an additional death benefit during the first 10 policy years or up to the insured's attained age of 60, whichever is earlier. The booster is set at 10% of the latest sum assured for individual policies and 20% for eligible family enrolment¹³. For details and terms and conditions, please refer to the promotional leaflet.

Frequently Asked Questions

• What is Wealth Elite Life Insurance Plan 3?

Wealth Elite Life Insurance Plan 3 is a participating whole-life insurance plan designed for high-net-worth customers. It combines enhanced protection leverage, life-stage flexibility and legacy planning features to help customers protect their loved ones, prepare for the future and plan for the next generation.

• Who is Wealth Elite Life Insurance Plan 3 designed for?

The plan is designed for high-net-worth individuals seeking life insurance protection and structured succession planning arrangements to put in place thoughtful and continuous provisions for their families over time.

• How can Wealth Elite Life Insurance Plan 3 support legacy planning?

The plan offers a range of legacy planning features, including Contingent Owner8 designation, Health Impairment Option and Death Benefit Settlement Option10.

It also provides value-added services, including Future Wishes Arrangement6 and Transitional Owner Arrangement7. Together, these features and services help policy owners put structured arrangements in place for the next generation.

Remarks:
1 The survey covers 328 qualified respondents across Hong Kong and Chinese Mainland who participated in the survey and in‑depth interviews. Detailed analysis focuses on 201 high-net-worth and ultra-high-net-worth respondents with investible assets above
US$1 million. High‑net‑worth means an individual with investable wealth of US$1 million to US$30 million. Ultra-high-net worth means an individual with investable wealth of more than US$30 million. Respondents were analysed by tier, geography, generation and gender.

2 Based on a 50-year-old male non-smoking Hong Kong resident insured, with standard risk classification assumptions and a single premium of US$1.53 million, the sum assured is US$10 million. The coverage leverage may vary depending on individual customer profile and underwriting assessment.

3 Wealth Elite Life Insurance Plan 3 is an eligible life insurance plan under PRMP, but it does not necessarily mean that your PRMP application will be approved. The eligibility of this product under the PRMP is based on the features of the product. You and your life insurance policy are still required to meet the eligibility criteria under PRMP before you apply for the policy reverse mortgage loan.

4 The PRMP is operated by HKMC Insurance Limited, a wholly-owned subsidiary of The Hong Kong Mortgage Corporation Limited. For further information, please refer to The Hong Kong Mortgage Corporation Limited website: www.hkmc.com.hk. Applicable to policies issued in Hong Kong only.

5 First-in-market refers to Future Wishes Arrangement's feature which allows the policy owner to make different instructions for different specified triggering events in one integrated value-added service. This feature is first-in-market when compared against similar services offered by Hong Kong major insurance companies, pioneered by AIA in Wealth Flexi Savings Insurance Plan on 1 June 2026.

6 Future Wishes Arrangement is only available to specified insurance plans and designated policies which meet our eligibility requirements. The policy must be issued in Hong Kong and Transitional Owner Arrangement is not designated for or being exercised under the policy. It is not applicable to corporate-owned policies and trust-owner policies. It is a value-added service and not a product feature, therefore it is not offered under the policy contract of Wealth Elite Life Insurance Plan 3. Application is subject to our approval to be determined at our discretion. We reserve the right to withdraw the Future Wishes Arrangement or change its terms and conditions or any related requirements at any time at our sole and absolute discretion. Upon the designation of Future Wishes Arrangement for the policy, all designations of Contingent Owner, Designated Ownership Recipient and Designated Payment Recipient for the policy which have been made prior to the commencement of the Future Wishes Arrangement (if any) are automatically revoked.

7 Transitional Owner Arrangement is only available to specified insurance plans and designated policies which meet our eligibility requirements. The policy must be issued in Hong Kong. It is not applicable to corporate-owned policies. It is a value-added service and not a product feature, therefore it is not offered under the policy contract of Wealth Elite Life Insurance Plan 3. Application is subject to our approval to be determined at our discretion. We reserve the right to withdraw the Transitional Owner Arrangement or change its terms and conditions or any related requirements at any time at our sole and absolute discretion.

8
If you have designated Future Wishes Arrangement for your policy, upon the designation of Future Wishes Arrangement, all designations of Contingent Owner, Designated Ownership Recipient and Designated Payment Recipient for the policy which have been made prior to the commencement of the Future Wishes Arrangement (if any) are automatically revoked.

9 First-in-market refers to the Health Impairment Option's specific feature where the policy owner can designate up to 2 different designated recipients and elect for both benefit payment and transfer of ownership under this option at the same time. This feature is first-in-market when compared with the savings insurance products and life insurance products provided by Hong Kong major insurance companies, pioneered by AIA in the Wealth Generation Savings Insurance Plan on 23 June 2025.

10 Death Benefit Settlement Option and Beneficiary Flexi Option may not be available once the policy is assigned (including but not limited to the policy assigned under PRMP).

11 First-in-market refers to the Beneficiary Flexi Option's specific feature where the policy owner allows the beneficiary to choose to receive the death benefit payment in accordance with the beneficiary's selected settlement option when the beneficiary has attained the Designated Age selected by the policy owner or when the beneficiary is diagnosed with a Specified Illness under Beneficiary Flexi Option. This feature is first-in-market when compared with the savings insurance products and life insurance products provided by Hong Kong major insurance companies, pioneered by AIA in the FlexiAchiever Savings Plan on 8 January 2025.

12 If the insured passes away, the beneficiary may apply to select the settlement option for his / her share of the unpaid balance of the death benefit, provided the beneficiary must be aged 18 or above when he / she applies to select his / her settlement option. The settlement options available for selection by the beneficiary will be subject to the settlement options made available by us under this Beneficiary Flexi Option at the time of the beneficiary's application and our prevailing rules and conditions. If the beneficiary's application is approved, his / her share of the unpaid balance of death benefit will only be paid according to his / her selected settlement option when such settlement option becomes effective upon (i) the beneficiary has attained the Designated Age or (ii) the beneficiary is diagnosed with a Specified Illness under Beneficiary Flexi Option, whichever is earlier. The Beneficiary Flexi Option arrangement is provided under the Death Benefit Settlement Option.

13 The coverage booster is subject to the availability of the campaign offer and is applicable only to insureds aged between 15 days and 59 years at the time of policy application.

Important Information:

• All information above is for reference only and does not constitute any offer and/or insurance product recommendation. The product information in this material does not contain the full terms of the policy, for the details of the product features, terms and conditions, exclusions and key product risks, please refer to the product brochure and policy contract of relevant products or visit the AIA Hong Kong's website. In case you want to read policy contract sample before making an application, you can obtain a copy from AIA. Life insurance policies are long-term contracts of insurance. Should you surrender the policy early, you may receive an amount considerably less than the total amount of premiums paid. You may choose to purchase the above Plan(s) as a standalone plan without purchasing other type(s) of insurance products at the same time.

• All related findings in the AIA Alta High-Net-Worth Optimal Longevity Index do not represent AIA standpoint and do not mean any recommendation to apply for any insurance plan.

The issuer is solely responsible for the content of this announcement.

About AIA Hong Kong & Macau

AIA Group Limited established its operations in Hong Kong in 1931. To date, AIA Hong Kong and AIA Macau have more than 19,000 financial planners^*, as well as an extensive network of independent financial advisors, brokerage and bancassurance partners. We serve over 3.7 million customers^{^}, offering them a wide selection of professional services and products ranging from individual life, group life, accident, medical and health, pension, personal lines insurance to investment-linked assurance schemes with numerous investment options. We are also dedicated to providing superb product solutions to meet the financial needs of high-net-worth customers.

^* As at 30 June 2026
^{^} Including AIA Hong Kong and AIA Macau's individual life, group insurance and pension customers (as at 30 June 2026)

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HONG KONG SAR – Media OutReach Newswire – 2 September 2026 – The School of Business (SBUS) at The Hang Seng University of Hong Kong (HSUHK) held the Inaugural Orientation Dinner and Launch Ceremony for its Master of Business Administration (in Chinese) programme (MBA (in Chinese)) on 29 August 2026 at The Rosewood Hong Kong, welcoming the first cohort of students into the University community.

In his welcome address, Professor Joshua Mok, President of HSUHK, highlighted the University's leading position in liberal arts education and its commitment to nurturing leaders who combine innovation with humanistic care to serve local and global communities. He encouraged students to broaden their horizons, care for society, and translate their learning into a force for social progress.

Professor Sam Park, Dean of SBUS, said, "As the first cohort and the earliest participants, this is both a responsibility and an extraordinary opportunity for all of you." He encouraged students to build an ecosystem of capabilities throughout the programme, learn to let go of outdated approaches and relearn, and develop the critical judgement essential in the AI era, becoming leaders who can responsibly harness AI and drive future business transformation.

Professor Victor Lau, Associate Dean (Taught Postgraduate Programmes) of SBUS and MBA (in Chinese) Programme Director, noted that SBUS at HSUHK is the first private university business school in Hong Kong to be accredited by AACSB International, placing it among the fewer than 6% of business schools worldwide with this distinction. The MBA (in Chinese) is the University's first business master's programme conducted in Chinese, with close to 220 students admitted in its inaugural intake. Professor Lau encouraged students to seize this valuable opportunity and work together with faculty and fellow students to build a vibrant culture, alumni network and future direction.

The MBA (in Chinese) aims to cultivate future business leaders equipped with business management knowledge, ethical leadership, environmental, social and governance (ESG) awareness, digital transformation capabilities, and an understanding of both Chinese and Western business practices. Set against the backdrop of the Greater Bay Area's development, the curriculum integrates the wisdom of the Chinese classic I Ching (Book of Changes), artificial intelligence, liberal arts education and professional business training to help students develop international perspectives, strategic thinking and cross-cultural understanding.

Distinctive modules include "Wisdom of I-Ching in Business Context", "AI, Data Analytics, and Robotics in Business", and "Finance and Financial Technology (FinTech)", enabling students to examine how emerging technologies affect corporate operations, management decisions and business models, and to explore shifts and opportunities in the new business landscape.

For more information on the programme, please visit: https://sbus.hsu.edu.hk/programmes/postgraduate-programmes/master-of-business-administration-in-chinese/

Photo 1: (From left) Dr Josiah Chan, Vice-President (Organisational Development); Professor David Tse, Acting Provost and Vice-President (Academic and Research); Professor Joshua Mok, President; Professor Jeanne Fu, Vice-President (Learning and Student Experience); Professor Sam Park, Dean of SBUS; and Professor Victor Lau, Associate Dean (Taught Postgraduate Programmes) of SBUS and MBA (in Chinese) Programme Director, officiate at the launch ceremony for the inaugural MBA (in Chinese) cohort.

Photo 2: A robot performance blending Tai Chi, traditional Chinese culture and AI elements illustrates the fusion of ancient wisdom and technological innovation.

Photo 3: A group photo of HSUHK senior management, distinguished guests and the first cohort of MBA (in Chinese) students.

Hashtag: #HSUHK #BusinessSchool

https://sbus.hsu.edu.hk

The issuer is solely responsible for the content of this announcement.

About The Hang Seng University of Hong Kong

The Hang Seng University of Hong Kong (HSUHK) is a non-profit private liberal-arts-oriented university with six Schools (Business, Communication, Decision Sciences, Humanities and Social Science, Translation and Foreign Languages, and Transdisciplinary Studies), and over 7,000 full-time undergraduate and postgraduate students. With its unique "Liberal + Professional" education model, HSUHK nurtures young talent with critical thinking, innovative minds, caring attitudes, moral values and social responsibility.

Aspiring to be a leading private university in the region, HSUHK prioritises stellar undergraduate education, top-quality faculty members, award-winning green campus facilities, innovative degree programmes, a unique residential college system that combines living and learning, interactive small-class teaching, close student-teacher relationships, impactful research, and excellent student development and support services.

HSUHK has earned various international recognitions. In the AppliedHE's ALL ASIA Private University Ranking 2026, it secured 7th place in China. HSUHK ranked 24th in Social Sciences and Humanities and 23rd in both Business and Management and Economics and Finance among China's top universities in the Research.com Top Universities and Top Scientists Rankings 2026. The MSc in Global Supply Chain Management programme achieved 84th place globally in the QS International Trade Rankings 2025. Additionally, HSUHK's School of Business obtained AACSB International accreditation in 2023, a mark of excellence held by only 6% of the world's leading business schools. HSUHK was also ranked among the top 200 worldwide on "Quality Education" and "Decent Work and Economic Growth" in the Times Higher Education University Impact Rankings 2021.

** This press release is distributed by Media OutReach Newswire through automated distribution system, for which the client assumes full responsibility. **