Prudential has announced a three-year premier sponsorship with MDRT (Million Dollar Round Table), a global association of the world's leading life insurance and financial services professionals, with the aim of helping Prudential agents accelerate their professional development, in turn supercharging agency growth and driving greater customer success. Ranked No. 2 in MDRT's 2024 Top 10 Multinational Company Ranking, Prudential has one of the largest agency forces globally.
Called "Kyobo 3 Balance Guarantee Insurance" (non-dividend), the new product covers three major diseases - cancer, cerebrovascular disease and ischemic heart disease.
More than half (57%) of high-net-worth individuals (HNWI) in Greater China said they leverage insurance to "facilitate a smoother transfer of wealth to future generations", according to a study by Manulife and Deloitte.
Insurance Regulatory and Development Authority of India (IRDAI) has unveiled its ambitious 'Bima Trinity' plan at the 9th edition of Bima Manthan, its quarterly meeting with insurance company CEOs.
Manulife has unveiled a brand campaign in Hong Kong to empower the younger segment to rethink their mandatory provident fund (MPF) and take control of their retirement planning.
The federal government is backtracking on one key financial adviser education requirement by scrapping the list of approved qualifications and proposing to allow any bachelor's degree or higher.
TATA AIA Life Insurance has introduced the Smart Pension Secure Plan, an innovative unit-linked pension plan (ULIP) designed to meet the evolving retirement needs of modern professionals and digital-savvy consumers.
The AIA Group is expected to report a 23% year-on-year growth in its value of new business (VONB) for the fourth quarter of 2024, driven by a rebound in China and strong sales in Hong Kong and Singapore, according to UOB KayHian.
Suncorp Group has completed the divestiture of its New Zealand-based Asteron Life business to Resolution Life Australasia for NZ$410 million (US$228 million).
Bangkok Life Assurance has launched two new insurance plans through its agents - Prestige Saving 12/6 and Prestige Life 99/20 - suitable for people with high incomes who have financial planning goals for future security.
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