Indonesia's life insurance industry posted premium income of IDR44.1tn ($3.1bn) in the first quarter of this year, a 4.9% decrease compared to the corresponding quarter last year, according to the Indonesian Life Insurance Association (AAJI).
HSBC Life China, the HSBC Group's life insurance joint venture in mainland China, has started offering a new digitally-enabled financial planning and insurance service in July 2020, delivered by newly recruited personal wealth planners who will provide a needs-based wealth planning experience and insurance service outside the bank's branch network to meet a holistic range of wealth, health and protection goals.
How can insurers better serve retirees in Asia post-crisis? Angat Sandhu and Ajit Rochlani from Oliver Wyman share their insights in this article.
It has been a difficult and trying period for all of us globally. The COVID-19 outbreak has caused much unfortunate loss of lives and livelihoods. The Circuit Breaker measures that were introduced in Singapore early April were necessary to curb the spread of the pandemic, albeit causing many businesses to suffer, and jobs getting cut unless businesses adopt and adapt the ways of the digital world.
FWD Management Holdings Limited, the Hong Kong-registered business of FWD Group, has completed the acquisition of MetLife Limited and Metropolitan Life Insurance Company of Hong Kong Limited from MetLife, Inc.
Over three quarters (76.6%) of respondents in a recent survey say they would use healthcare value-added services provided by insurers such as health counselling, discounted genetic testing for cancer and pharmacogenomics testing.
Singtel has launched an insurance savings solution through their Dash mobile app. The insurance savings plan called Dash EasyEarn is underwritten by Etiqa Insurance.
Great Eastern has announced a strategic investment of US$70 million in Axiata Digital's financial services (DFS) business, via a newly created holding company wholly owned by Axiata Digital, the digital services arm of Axiata Group Berhad.
What's the future of life insurance distribution? Dr Kai-Uwe Schanz, Deputy Managing Director and Head of Research & Foresight from The Geneva Association, the leading international think tank of the insurance industry, shares his insights and survey findings with Asia Advisers Network.
Even if you're a confident person by nature, there will be instances when you feel your game is off and you're not as confident as you normally are. So, for everyone out there -shy or confident by default- how do you prime your confidence back to top shape?
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