With Singapore climbing up the charts of MDRT's top 10 member country to position six, we checked in with Delia Wong, country chair of MDRT Membership Communications Committee (MCC) 2019-2021 to gather her insights on what spurred the climb in the local MDRT market. At the same time, we got her thoughts on the 4th MDRT Day Singapore that is happening soon.
For always going beyond contractual obligations to build strong relationships with his clients; for finding ways to innovate and address shortcomings in the business; and for leading by example and mentoring new people and encouraging them to pursue the employee benefits business.
For leveraging social media and other digital tools to grow and improve her business; for taking the initiative to help her fellow financial consultants as they transitioned into the digital era; and for her efforts in sharing her experience and knowledge of human psychology.
The survey conducted by The Economist Intelligence Unit and sponsored by HSBC Life revealed that despite having the world's longest life expectancy reaching 85.3 both sex combined, less than one in four (24%) Hongkongers anticipates spending 20 years or more in retirement. Moreover, only 16% of this group have a retirement planning covering 20 years or more, highlighting the significant mismatch between perception and reality not to mention the resulting retirement gap.
Transamerica Life (Bermuda) Ltd. (TLB), a leading High Net Worth (HNW) life insurer, in partnership with Hubbis (HK) Limited ("Hubbis"), announced the release of the updated "Guide to HNW Life Insurance - a Practical Handbook for Financial Advisors 2021" ("Guide").
Taiwan's life insurance sector posted a 43.6% jump in premiums from investment-related plans to NT$179.5bn ($6.4bn) for the first six months of this year, according to statistics from the Life Insurance Association (LIA-ROC). The figure accounted for 13.2% of the total life insurance premium income in 1H2021.
Jaslyn Ng, once a high-flying HR director at a huge company, now an agency leader whose name is not only huge within Prudential, but also within the insurance industry.
For helping its partner insurer maintain its strong growth over the last few years; for transforming its salespersons into insurance and financial products specialists; and for launching initiatives that have helped its partner insurer reach untapped segments and bring more complex products to market.
For using her position and knowledge to empower women financially and strive towards greater economic and social equality; for upgrading herself with the necessary skills to enhance the quality of her service to clients during the pandemic; and for dedicating time, effort and resources to social initiatives.
Manulife Insurance has launched a new critical illness plan called Advance Beyond Critical Cover (ABCC) which provides holistic coverage from early stage of diagnosis to post treatment events. The ABCC is an extension of its Beyond Critical Cover series, that also covers illness or accidental events that require hospitalisation.
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