ICICI Prudential Life Insurance and AU Small Finance Bank (AU Bank), a scheduled commercial bank and one of the largest small finance banks in the country, have announced a partnership to offer need and goal-based life insurance solutions.
Sun Life Vietnam Insurance Company Limited (Sun Life Vietnam) and Asia Commercial Joint Stock Bank (ACB) have formed a 15-year exclusive bancassurance partnership in Vietnam.
Prudential Vietnam Assurance Private Ltd. ("Prudential Vietnam") and Southeast Asia Commercial Joint Stock Bank ("SeABank" - Vietnam) have further strengthened their strategic partnership by signing a Memorandum of Understanding ("MOU") agreement to distribute digital products.
AIA, AYA SOMPO and AYA Bank have entered into a strategic partnership to enable broader access to innovative insurance products and services for the people of Myanmar.
HSBC Life has made two senior appointments in Hong Kong to "support its growth agenda while enhancing its ability to bring a multi-channel differentiated health and wellness proposition for individual and business customers".
ICICI Lombard in partnership with Freepaycard, an online pre-paid card trading platform, has introduced Group Safeguard Insurance - a group offering for members of Freepaycard Retail that allows members to receive an assured amount in case of any injury or hospitalization for treatment.
What are the different products that insurance companies in Indonesia have launched this year?
Many general insurers in Vietnam are linking up with InsurTech firms in a trend aimed at leveraging the advantages of the different parties.
Grab Holdings Inc has acquired Bento Invest, a Singapore-based robo-advisory start-up for an undisclosed sum. The move will allow Grab to offer retail wealth management solutions to users, driver-partners and merchant-partners, via the Grab app.
The Australian Securities and Investments Commission (ASIC) has announced a ban on unsolicited 'cold call' telephone sales of direct life insurance and consumer credit insurance (CCI). The ban will address poor sales practices that have led to unfair consumer outcomes. It will take effect from 13 January 2020.
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