The Bank of East Asia has announced the commencement of business of BEA Life, which offers a range of life insurance solutions.

The establishment of the new life insurance arm will enable Bank of East Asia’s (BEA) customers to conveniently arrange and manage all their banking, investment, and insurance needs at one place.

David Li, chairman and CEO of BEA said: The set up of BEA Life is a new milestone on our wealth management business. By offering a comprehensive range of life insurance products, BEA Life enhances our wealth management offering and allows us to create highly customized financial solutions for our customers.