The country's financial regulator has said that holders of certain types of life insurance will be able to monetize their policies and receive them as pensions to help them cover their later years of life.
Sumitomo Life Insurance is considering the use of digital technologies, including generative AI, to assist its sales agents, said its President Yukinori Takada.
Muang Thai Life Assurance has launched a new investment-linked life insurance product, mDesign, with premium payments of 3, 5, and 10 years, offering life insurance coverage up to age 99.
ABL Life Insurance has introduced a new trust-linked whole life insurance product geared to giving policyholders more flexibility in managing and distributing insurance benefits.
Hanwha Life Insurance is targeting the super-rich by focussing on wealth succession and setting up a family office centre in Gangnam, Seoul, to provide one-stop financial butler consulting, linking insurance, securities, and asset management functions.
Financial Advice New Zealand is set to offer a new professional development opportunity for advisers with the introduction of the AI in Advice Certificate.
Generali Thailand has renovated its "Generali Center" at Sathorn Thani in Bangkok, reinforcing its corporate image while enhancing the experience for its agent network. The new design introduces modern, functional spaces, underlining the company's commitment to advancing both organisational development and talent capability, in line with its strategy "Lifetime Partner 27: Driving Excellence."
Singlife and its investment platform GROW has announced a preferred partnership with Fullerton Fund Management.
AIA New Zealand has rolled out a new health insurance benefit, AIA Living Specialist and Testing Support (STS), designed to provide access to specialist consultations and diagnostic procedures without requiring a full health insurance policy.
PROPEL with Singlife, the one-stop shared services hub for financial advisory firms, has onboarded over 1,300 financial adviser representatives (FARs), just nine months after its official launch. PROPEL continues to solidify its position as the trusted partner for financial advisers and firms looking to scale their businesses efficiently.
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