AIA Singapore Surpasses $40 Billion in Payouts

AIA Singapore has paid out more than SGD 40 billion in protection claims and maturity proceeds over the past decade, the insurer announced in a press release celebrating its 95th anniversary. The milestone underscores the company’s long-standing commitment to supporting policyholders across protection, savings, and retirement products.

The SGD 40 billion encompasses a broad range of payouts, including death, critical illness, accident, hospitalisation, and maturity benefits. The funds also cover payments linked to retirement and savings plans, reflecting AIA Singapore’s dual focus on protection and long-term financial security.

In its statement, the company highlighted that it safeguards the health and wellness of over one-third of Singapore’s workforce. Notably, AIA Singapore was the first insurer in the country to include mental health coverage in its policies, emphasising a holistic approach to well-being.

Beyond traditional insurance services, AIA Singapore has expanded its digital offerings through the AIA+ super app, which integrates insurance, healthcare, wellness, and financial management solutions in a single platform. The company also reported that members of its AIA Vitality programme redeemed more than SGD 10 million worth of partner rewards and benefits in 2025 alone, demonstrating strong engagement with health-focused initiatives.

“The past decade has been marked by resilience and growth, both for our customers and our company,” said a spokesperson. “Our focus remains on helping Singaporeans live healthier, longer, and better lives, while providing financial security at every stage of life.”

Key Payouts Over the Last Decade

Category Approximate Payout (SGD)
Death claims 12 billion
Critical illness claims 8 billion
Accident & hospitalisation 6 billion
Maturity proceeds & savings 14 billion
Total 40 billion

As AIA Singapore celebrates 95 years in the country, the insurer continues to reinforce its position as a leading provider of comprehensive protection and wellness solutions, combining financial security with digital innovation to meet evolving customer needs.

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