Manulife Financial Corporation and Mahindra & Mahindra have signed an agreement to establish a life insurance joint venture (JV) in India, both holding an equal stake.
Chubb Life Hong Kong has introduced the Side by Side Dementia Insurance Plan, which it says is the city's first standalone insurance policy specifically designed to support individuals diagnosed with dementia and their caregivers.
Prudential Hong Kong has expanded its partnership with IHH Healthcare North Asia to include additional medical facilities in Hong Kong and mainland China.
Krungthai-AXA Life Insurance has launched new product, "CI 123: Complete Coverage for All Critical Illnesses," which provides comprehensive coverage for up to 123 critical illnesses, including popular, specialised, and often overlooked conditions such as cancer, cardiovascular disease, respiratory disease, and brain disease. The coverage ranges from pre-incident to severe stages.
MDRT (Million Dollar Round Table), The Premier Association of Financial Professionals®, was proud to sponsor the Asia Insurance Review's 29th Asia Insurance Industry Awards' (AIIA) "Life Insurance Company of the Year" category, which was awarded to HSBC Life (International) Limited on 3 November at the Awards Ceremony at Marina Bay Sands Expo & Convention Centre, Singapore.
Nearly two-thirds of individuals believe that agentic artificial intelligence (AI) will play a supportive role in the insurance industry, with humans still in the background, whilst 18.4% think it will replace human agents and the remaining 17.3% believe that AI will play a minimal role and human interaction is essential.
Tata AIA Life Insurance has launched its new Underwriting Rule Engine (URE), a digital platform that uses artificial intelligence and big data to make buying life insurance faster and more transparent.
Prudential Assurance Malaysia Bhd (PAMB) and UOB Malaysia have introduced PRUSupreme Legacy, an insurance plan tailored for flexible financial planning for families with global ties.
CTF Life has partnered with Gleneagles Hospital Hong Kong, CUHK Medical Centre, and Hong Kong Baptist Hospital to boost its medical service network.
AIA Australia has launched a campaign promoting healthier habits that improve physical, mental and financial wellbeing.
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