Counting down to the end of 2019. And for those who have yet to achieve your year-end goal, this is the time when the mentally strong emerge, says Rookie Insurance Agency Leader of the Year 2018 Agnes Ng.
The Australian Securities and Investments Commission (ASIC) has announced a ban on unsolicited 'cold call' telephone sales of direct life insurance and consumer credit insurance (CCI). The ban will address poor sales practices that have led to unfair consumer outcomes. It will take effect from 13 January 2020.
FWD Group, the insurance arm of Hong Kong-headquartered Pacific Century Group, will be closing its employee benefits business in Singapore by December 2020. This means that the insurer will stop pitching for new contracts for that business and will also not renew existing contracts once they expire.
Ai Hua was an account executive with two young kids when she decided to become a financial consultant. Leaving a stable corporate job was not easy, considering she has two kids to raise. Yet, she took a leap of faith and joined the insurance industry.
In the latest release of amendments for the Income Tax Act by the Ministry of Finance, Singapore, a new section is added in the principal Act concerning insurance agents earning commissions not exceeding $50,000.
Global reinsurers are stepping up warnings to their life insurer clients about the potential risks of vaping, putting pressure on underwriters to charge certain vapers higher rates than smokers, or even exclude them altogether, reported Reuters.
NOVI Health (NOVI), a Singapore-based medical and digital health provider, with a focus on preventing and reversing chronic lifestyle-related diseases, has collaborated with Great Eastern. The collaboration brings its holistic services to enhance the insurer's existing portfolio of health solutions.
Strong sales in whole life, term life and cancer insurance in Japan has led to a significant jump in the number of new individual life insurance policies and the amount of benefits coverage for FY2018, revealed latest figures from the 'Life Insurance Fact Book (2019)' published by The Life Insurance Association of Japan.
Fong Yong Hui is an active member of the Insurance and Financial Practitioners Association of Singapore (IFPAS). Beyond her duties as an active IFPAS member, Yong Hui is also a Senior Executive Financial Planner, who provides probono consulting and volunteering. Passionate about empowering people financially through education, she shares in this article how financial fitness is vital in everyone's life and how to increase your financial fitness with 5 tips.
Five foreign insurers and half a dozen joint ventures were granted licences by the Financial Regulatory Department on 28 November 2019 to operate in the Myanmar market.
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