The insurance industry may be one of the few that can claim good business prospects against the backdrop of a global economic downturn, participants said at an industry forum in Shanghai recently.
After a tough year in 2023, the business performance of life insurance companies has not yet recovered.
Singlife has introduced a Limited Pay option for its Elite Term II life insurance plan, offering policyholders an alternative way to manage premium payments while keeping coverage until age 99.
FWD Life Insurance (FWD) has launched its latest critical illness insurance product, "CI Re-Claim Re-Care," under the "Total CIs Solutions" concept.
Tata AIA Life Insurance (Tata AIA) has launched its offshore branch at Gujarat International Finance Tec-City (GIFT City), India's first International Financial Services Centre (IFSC). It allows the company to offer US Dollar-denominated life insurance products to Non-Resident Indians (NRIs) through its dedicated website.
The community programme, called "Hoops+Health", is inspiring engagement, activity and healthy living through basketball by improving community access to courts and education across six Asian markets.
Great Eastern has launched its Great Legacy programme to help Singaporeans with their Lasting Power of Attorney (LPA) and Advance Medical Directive (AMD) applications.
National Australia Bank (NAB) has agreed to sell 80% of its life insurance arm to Japan's Nippon Life Insurance Co for about US$1.7 billion, said a person familiar with the matter.
Manulife Vietnam has announced its new mobile app, 'Manulife Vietnam', designed to empower customers with convenient access to their insurance policies on handheld devices.
Prudential has expanded its alliance with Google Cloud to develop artificial intelligence (AI)-powered products and solutions.
Top resources from successful agents, leaders and CEOs. Free!