PCA Life hires VA team in Japan

Patrick Kawasjee joins Pru after Aspecta crumbles.

PCA Life, the regional unit of Prudential of the UK, has hired a team of variable annuity specialists in Tokyo to lead its push into that emerging business.

Patrick Kawasjee joined PCA Life as executive director of the VA sales development group, bringing with him half of the 30-strong team he had developed last year at Aspecta, the life insurance arm of Germany's HDI Group. He had previously run the retail business at Citigroup Asset Management in Japan.

Kawasjee believes variable annuities are the ideal product for Japan's ageing, wealthy society, if they are structured and marketed properly to account for local sensibilities and requirements. VAs are relatively new in...

FinanceAsia has updated its subscription model.

Registered readers now have the opportunity to read 5 articles from our award-winning website for free.

To obtain unlimited access to our award-winning exclusive news and analysis, we offer subscription packages, including single user, team (2-10 users), or office-wide licences.

To help you and your colleagues access our proprietary content, please contact us at subscriptions@financeasia.com, or +(852) 2122 5222

Article limit is reached.

Hello! You have used up all of your free articles on FinanceAsia.

To obtain unlimited access to our award-winning exclusive news and analysis, we offer subscription packages, including single user, team (2-10 users), or office-wide licences. To help you and your colleagues access our proprietary content, please contact us at subscriptions@financeasia.com, or +(852) 2122 5222