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.
AIA Singapore has launched a thematic film in tandem with the launch of its newest critical illness plan, AIA Ultimate Critical Cover (AIA UCC). The AIA UCC plan offers extensive coverage of 150 medical conditions and 73 critical illnesses across early, intermediate, and major stages.
Endowment policies have traditionally been popular in Cambodia. In 2023, they formed as high as 82% of all life insurance policies sold in the Kingdom.
Prudential Hong Kong Limited has announced a new partnership with Shenzhen New Frontier United Family Hospital (UFH) to introduce a medical expenses direct billing service for its customers.
Great Eastern saw its full-year 2023 group earnings jump 27% year-on-year (y-o-y) to S$774.6m (US$576.2 million).
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