SINGAPORE, November 2024 – China Life Insurance (Singapore) Pte. Ltd. (“China Life Singapore”) has been recognized as Asia’s Leading SMEs at the 2024 Asia Corporate Excellence and Sustainability (ACES) Awards.

The ACES Awards, a benchmark of business excellence in Asia, honors organizations that demonstrate resilience, adaptability, and sustainable growth. China Life Singapore stood out for its dedication to high-quality insurance services and a commitment to the community.

Mr. Lin Xiangyang, Chief Executive of China Life Singapore, remarked, “This award is a testament to our team’s hard work and dedication. Guided by our corporate vision of ‘Lifelong Promise, Lifelong Partner’ we continue to prioritize innovation and social responsibility. We aim to enhance service quality and contribute to the development of both the industry and our community.”

As the first overseas subsidiary of Fortune Global 500-listed China Life Group, China Life Singapore has focused on offering diversified, high-quality insurance solutions since its establishment in 2015. Leveraging the extensive resources and reputation of China Life Group and China Life (Overseas) Company, the company has actively expanded its local presence while extending its influence across Southeast Asia and the broader Asia-Pacific region to address diverse customer needs.

China Life Singapore has embraced digital transformation, implementing advanced systems like OneLife and automated processes to enhance internal efficiency and customer experience. Under the “Insurance+” ecosystem framework, the company has also forged partnerships across sectors such as finance, technology, education, and healthcare, extending its service offerings.

In the realm of corporate social responsibility, China Life Singapore remains committed to community engagement. It has hosted the “Kids Art” drawing competition for four consecutive years, fostering creativity and connection among local youth. Additionally, as the title sponsor of the Starlight International Youth Basketball Open for two years, the company promotes global youth solidarity through sports.

This award highlights China Life Singapore’s leadership in innovation, sustainability, and community impact. Looking ahead, the company remains steadfast in its vision to become the most trusted insurance brand, enhancing its market position in Singapore and the Asia-Pacific region while delivering tailored financial solutions and unparalleled service.