More than half (57%) of high-net-worth individuals (HNWI) in Greater China said they leverage insurance to "facilitate a smoother transfer of wealth to future generations", according to a study by Manulife and Deloitte.
The AIA Group is expected to report a 23% year-on-year growth in its value of new business (VONB) for the fourth quarter of 2024, driven by a rebound in China and strong sales in Hong Kong and Singapore, according to UOB KayHian.
The insurance industry may be one of the few that can claim good business prospects against the backdrop of a global economic downturn, participants said at an industry forum in Shanghai recently.
The AIA Group has launched "AIA CAN: An Eco-Office Movement" (AIA CAN) - a large-scale, multi-year programme that seeks to empower over 25,000 employees across 18 markets to adopt environmentally conscious mindsets, attitudes and behaviours to create more sustainable workplaces and a healthier planet.
Continuing from the robust half year results, the AIA Group achieved a substantial 35% in the value of new business (VONB) to US$994 million in the third quarter of 2023.
AIA Group reported strong revenue growth and policy sales in the first half, thanks to mainland Chinese customers crossing into Hong Kong after the border reopening in search of better investment returns and protection against the yuan depreciation.
The 8th Asia Trusted Life Agents & Advisers Awards (ATLAA) concluded yesterday evening, celebrating 16 winners recognised for their outstanding contributions and performance.
Allianz Asia Pacific (AZAP) is partnering INSEAD, one of the world's leading business schools, to create a training and certification programme aimed at transforming and upskilling the organisation's life and health business agency salesforce.
FWD Hong Kong's recent survey into "Healthcare Protection in the Greater Bay Area (GBA)" showed that a majority of the respondents are anticipating a huge increase in medical expenditure in the future, which would impose financial burden on them.
Manulife Hong Kong has signed a memorandum of understanding with the Hong Kong Association of Athletics Affiliates (HKAAA) to establish a half marathon event that will take place on the iconic HK-Zhuhai-Macao Bridge (HZMB).
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