This year's Asia Trusted Life Agents & Advisers Awards (the Awards) ceremony on 26 July saw 16 winners from seven markets celebrated for their contributions to the life insurance industry. The winners were chosen from 65 finalists shortlisted from 222 nominations from 12 markets. Due to the uncertain nature of the COVID-19 pandemic, the organisers have chosen to hold the awards presentation virtually.
Within a week of its launch on July 12, about 6,000 of some 15 million Employees Provident Fund (EPF) members had subscribed to its i-Lindung platform under the Members Protection Plan.
Employees Provident Fund (EPF) contributors will now be able to buy insurance and takaful products at an affordable premium from Account 2 with the launch of the EPF Members Protection Plan, i-Lindung, said Finance Minister Tengku Datuk Seri Zafrul Tengku Abdul Aziz.
Life expectancy at birth has increased to 75.6 years in 2021, up from 63.6 years five decades ago according to the statistics department.
Manulife has launched a new learning platform for its 60,000 insurance advisers in Vietnam and will soon launch the platform in four other markets in Asia.
A survey by Milieu Insight on 'Financial Independent, Retire Early' (FIRE) finds out how common the FIRE movement is among Southeast Asians.
Allianz Life Insurance Malaysia Bhd (Allianz Life) posted a 35-fold jump in new insurance businesses set up with estate planning concept in 2021, compared with new businesses achieved in 2020.
The takaful penetration rate in the country increased to 18.6% in 2021, up from 16.9% the year before, according to the Malaysian Takaful Association (MTA).
The Life Insurance Association of Malaysia (LIAM) has re-elected Loh Guat Lan and Raymond Lew as its president and vice president, respectively, for the 2022/2023 term.
Life Insurance Association of Malaysia (LIAM) members closed the year 2021 with a robust 12.4% growth in new business over 2020.
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