Life Insurance Corporation of India (LIC) has emerged as the strongest insurance brand in the world with a steady brand value of US$9.8 billion, a brand strength index score of 88.3, and an associated AAA brand strength rating, according to a report by Brand Finance Insurance 100 2024.
GROW with Singlife, an integrated investment platform operated by the Singapore-based life insurer Singlife, has teamed up with Allianz Global Investors Singapore Limited (AllianzGI), a key player in the field of active asset management. This collaboration is set to provide advisers and investors with access to a wide range of wealth and investment solutions.
In celebration of World Women's Day which is celebrated every March, Sun Life Indonesia has launched an inspirational session of Sun Entrepreneur with hundreds of women to discuss entrepreneurial-based empowerment in the insurance agency distribution industry.
In a positive indicator of the financial awareness in the country, Cambodians surrendered fewer insurance policies in 2023.
Singaporean millennials have the highest levels of financial resilience, and, while confidence and optimism are high across all generations, many people including wealthy individuals still lack a plan of action. In addition, trust and emotion were important when Singaporeans made financial decisions.
AIA Australia (AIA) has rolled out a menopause support programme specifically designed for women aged 40 to 55.
Manulife Malaysia and its bancassurance partner has launched EliteLife Signature Legacy, a comprehensive yet flexible legacy insurance plan that offers high insurance coverage, extended disability coverage plus loyalty rewards and bonuses. The plan is underwritten by Manulife Insurance Berhad and distributed by its bancassurance partner, Alliance Bank Malaysia. Customers can sign up for this plan at all Alliance Bank branches nationwide.
Etiqa Insurance Singapore has introduced a new critical illness (CI) insurance policy, named Essential critical secure. The new insurance policy aims to offer wide-ranging and cost-effective coverage for 111 CI and mental health conditions spanning different illness stages.
AIA Singapore has launched the AIA Internship 2024, the insurer's first internship programme led by its corporate arm. This exciting six-week programme will offer students from various institutes of higher learning an immersive experience and distinctive blend of distribution and corporate exposure, providing them valuable insights and practical skills that are essential in the financial services industry.
Prudential Singapore (Prudential) and its financial advisory arm, Prudential Financial Advisers Singapore (PFA), plan to hire 800 financial representatives (FRs) through its Management Associate Programme (MAP) this year. This will boost its agency size to over 5,500 and help meet consumers' growing demand for protection, medical and wealth services.
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