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MONTHLY REPORT FEBRUARY, 2009MONTHLY REPORT FEBRUARY, 2009

Planning DivisionPlanning Division

Hans WangHans Wang

27 Feb. 200927 Feb. 2009

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ENGAGED PROJECT THIS MONTH

New Product – R03

Declared Interest Rate

Main Products v.s. Riders

Market Information

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New Product – Accident Medical Rider R03

2009 Feb. 18th R03 was approved by Head Office

2009 Feb. 20th seeking MOF’s approval

2009 Mar. 23rd (Estimated) Receive approval from MOF

2009 Mar. 31st (Estimated) R03 launched

New New producproduc

tt

Expected 30-day Expected 30-day to receive to receive approvalapproval5 working days 5 working days preparation such preparation such as set up IT system as set up IT system 、、 inform Head inform Head Office Office 、、 printing printing DM and so on…DM and so on…

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Benefits – Accident Medical Rider R03

1~7 Days : 100% SA / per day8~120 Days : 150% SA / per day

1~120 Days : 50% SA / per day

1~30 Days : 100% SA / per dayIn addition to Hospitalization

New New producproduc

tt

Occupation Class

GP/per year

I 100

II 150

III 225Unit : per Unit : per 100VND SA100VND SA

Premium TablePremium Table

3. ICU or BICU3. ICU or BICU

2. Home Health Care2. Home Health Care

1. Hospitalization Indemnity1. Hospitalization Indemnity

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Example – Accident Medical Rider R03

10 days in 10 days in hospitalizatiohospitalizatio

n = 7 x n = 7 x 100,000 + 3 x 100,000 + 3 x

150,000 150,000 =1,150,000=1,150,000

First 3 days in First 3 days in ICU = 3 x ICU = 3 x 100,000 = 100,000 = 300,000300,000

Home Health Home Health Care = 10 x Care = 10 x

50,000 = 50,000 = 500,000500,000

Total =

1,950,000

SA = 100,000VNDSA = 100,000VND

Premium = 100,000 per year for occupation Class IPremium = 100,000 per year for occupation Class I

New New producproduc

tt

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Declared Interest RateDeclaredDeclaredInterestInterest

5.0%

7.0%

9.0%

11.0%

13.0%

15.0%

17.0%

19.0%

07/08 08/08 09/08 10/08 11/08 12/08 01/09 02/09

1-year Deposit Rate 10-yr Gov. Bond Yield Declared Interest Rate

9.3%9.3%

8.5%8.5%

7.5%7.5%

*Declared Interest Rate for *Declared Interest Rate for C01C01 、、 C02 C02 、、 C03 and C03 and C04C04

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Number of Policy Issued

C03

A01C04

A02

C03A01C04A02

Product C03 A01 C04 A02 C02 C01 Total

# of Policy 1098 880 799 399 32 20 3228

Proportion 34% 27% 25% 12% 1% 1% 100%

Main Main Products & Products &

RidersRiders

*Verified Policies only *Verified Policies only * R01(220 cases)* R01(220 cases) 、、 R02(98 cases)R02(98 cases)

34%34%

10981098

27%27%

880880

25%25%

799799

12%12%

399399

04/07/08~20/02/0904/07/08~20/02/09

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Premium Income – by Products

A02

C03

C04

A01

0

1000

20003000

4000

5000

6000

70008000

9000

10000

A02C03C04A01

Product A02 C03 C04 A01 C02 C01 Total

Premium Income 9461 4745 3084 1246 119 66 18721

Proportion 51% 25% 16% 7% 1% 0.4% 100%

Main Main Products & Products &

RidersRiders

*Verified Policies only * R01(51 millions)*Verified Policies only * R01(51 millions) 、、 R02(19 millions)R02(19 millions)

51%51% 25%25% 16%16% 7%7%In MillionIn Million

04/07/08~20/02/0904/07/08~20/02/09

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Main Products w/ Riders Attached

Duration Main products w/o Riders Main Products w/ Riders Total

04/07/08~20/2/09 2549 (90%) 279 (10%) 2828

27/11/08~ 1006 (78%) 279 (22%) 1285

MainProducts w/o

Riders

MainProducts w/

Riders

0

200

400

600

800

1000

1200

27/11/08~

Main Main Products & Products &

RidersRiders

Note : A02 & C01(single payment) can’t attach ridersNote : A02 & C01(single payment) can’t attach riders

MainProducts w/o

Riders

MainProducts w/

Riders

0

500

1000

1500

2000

2500

3000

ALL

90%90% 10%10% 78%78% 22%22%

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Standard Chartered Provides Prudential

Pru Triple EduCare(Education)

Pru Cash Double(Endowment)

Pru Retire Easy(Pension)

GOALS:Providing a combined financial Package.

Set up a Bancassurance Distribution Channel.

Market Market InfoInfo

For both For both Agency Agency

and Banc and Banc AssuranceAssurance

1 branch

in Hanoi

1 branch

in HCMC

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Contract Account Value Contract Account Value (97% of main products are Universal (97% of main products are Universal

Life)Life)Issuance DateIssuance Date

Contract Validity StatusContract Validity Statusetc…..etc…..

Ace Life Online Insurance Contract Service

Market Market InfoInfo

Customers fill a Customers fill a request formrequest form

Policy Service Dept.Policy Service Dept.

Sent toSent to

Username and Username and password will password will be send via be send via emailemail

Info that Ace life Info that Ace life must disclose.must disclose.

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PLANNING PROJECT NEXT MONTH

New Branch Establishment

New Product – C05 & C06

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New Branch Establishment – Da Nang

芹苴 Can Tho

Date : New Branch plans to be opened on Mar 26th 2009

Location : Green Plaza BuildingSacomBank Building

NewNewBranchBranch

New Airport in Can Tho: HCMCCan ThoBus : 5~6 hrs if no trafficAir : less than 1 hr Hope to see a new air routefrom HCMC to Can Tho in the future

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NewNewProducProduc

ttBenefits – C05 (proposal)

3030 5050 9999Premium Paying PeriodPremium Paying Period

= 20 yrs= 20 yrs

………………………………..

DB = 100% SA + Total Annualized Premium PaidDB = 100% SA + Total Annualized Premium Paid

10% SA / each 3 yrs10% SA / each 3 yrs

20% SA / each 3 yrs thereafter20% SA / each 3 yrs thereafter

100% SA + Total 100% SA + Total Premium PaidPremium Paid

Interest Interest FeedbackFeedback

•Brand new products borrowed from TaiwanBrand new products borrowed from Taiwan

•Survival benefits will be paid every 3 yrsSurvival benefits will be paid every 3 yrs

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NewNewProducProduc

ttBenefits – C06 (proposal)

3030 5050 9999Premium Paying PeriodPremium Paying Period

= 20 yrs= 20 yrs

DB = 100% SA + Total Annualized Premium PaidDB = 100% SA + Total Annualized Premium Paid

100% SA + Total 100% SA + Total Premium PaidPremium Paid

100%SA100%SA

Interest Interest FeedbackFeedback

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