High-net-worth (HNW) individuals prefer life insurance as a legacy planning tool, surpassing traditional options such as wills and trusts, according to a survey by HSBC Life released on 25 March.
Great Eastern is intensifying its focus on high-net-worth (HNW) individuals and families across Asia. Towards this goal, Great Eastern unveiled on 3 March a proposition called Great Eastern Private, created for the high-net-worth (HNW) population across Asia.
Great Eastern Group CEO Greg Hingston has said that the life insurer, a leader in the sector in Singapore, has taken a number of measures to try and mitigate the impact of high medical inflation in the city state.
Emaa Insurance has appointed Mr Hüsamettin Berisbek as Deputy General Manager responsible for technical and operations.
HSBC Life Singapore has launched a new wellness initiative aimed at improving access to preventive care and strengthening community health in the country.
Singlife has announced the appointment of Mr Leo Mun Wai as an Independent Non-Executive Director to the Boards of Singapore Life Holdings and Singapore Life. He will also serve as a member of the Risk and Audit Committees.
Provider of international private medical insurance (IPMI), Bupa Global, has appointed Ms Alison Massey as General Manager for Asia.
The insurance sector in the UAE remained healthy in 2025, with robust capital adequacy ratios and return on assets, according to the Central Bank of the UAE (CBUAE).
Manulife Hong Kong and Macau has appointed Dr Liu Hongjuan as Chief AI & Data Officer for Hong Kong and Macau, supporting the establishment of Hong Kong as an AI Centre of Excellence.
The Momentum Group has announced that Momentum Health will be taking over the administration of Bonitas Medical Fund from 1 June.