One of the most important events in the calendar of insurance agents and advisers in Asia Pacific - the 9th Trusted Life Agents & Advisers Awards (ATLAA) - concluded earlier this evening, celebrating 17 winners recognised for their outstanding contributions and performance.
State-owned Sri Lanka Insurance Life (SLICL), has declared the highest ever bonus in the Sri Lankan industry to its policyholders, amounting to SLR11.2bn($36m) for the year 2023.
Tokio Marine Life Insurance Singapore Ltd (TMLS) has launched a financial advisory subsidiary, Tokio Marine Financial Advisers (Singapore) Private Limited (TMFAS), through which it plans to deliver a comprehensive range of financial planning and wealth management services to its clients.
Bupa has introduced an integrated cancer care support system: "Cancer Care" that supports patients who suspect or are given a positive cancer diagnosis to navigate the challenging world of cancer care with more clarity and support.
Prudential plc has announced the appointment of Pankaj Banerjee as group chief agency officer. He will take up the role on 30 September 2024 and report to Lilian Ng, managing director, strategic business group.
India's top life insurer, Life Insurance Corporation of India (LIC) has partnered with strategy consultant A T Kearney to undertake an agency transformation project aimed at future-proofing its 1.4m agents to meet the rapidly evolving needs of customers.
AIA has announced a new agreement with BlackRock and BNY, as it looks to transforms its investment platform, to support the group's long-term investment programme.
Financial services agency, Terence Lau & Associates (TLA), plans to increase the size of its organisation in Singapore to meet the growing needs of the market.
India's life insurance sector saw a 14.8% y-o-y increase in premiums in June 2024, reaching INR42,434 crore ($5bn), with significant improvements in both premium collections and policy issuances. The performance highlights a strong and growing demand for life insurance in India.
Pru Life UK won the International Life Insurer of the Year- Philippines award for the fourth consecutive year at the Insurance Asia Awards 2024.
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