In partnership with AIA Malaysia, TNG Digital has introduced Insure360, a comprehensive health insurance centre, accessible through its Touch 'n Go eWallet. This feature provides a selection of critical illness and medical insurance products.
The Insurance Association of China (IAC) has released an exposure draft of its proposed "Standards for Qualifying the Sales Capabilities of Personal Insurance Agents". The guidelines are currently at the feedback stage.
The monthly income of insurance agents in China is concentrated in the CNY3,000 ($423) to CNY20,000 range, accounting for about 70% of the total surveyed, according to a white paper released by the Risk Management and Insurance Research Centre of Peking University HSBC Business School and the Insurance Information Research and Development Centre of the Insurance Marketing Group.
The Financial Advice Association Australia (FAAA) has announced the 2023 winners of the inaugural FAAA Awards across six professional categories.
AIA NZ has unveiled a new initiative through its AIA Vitality programme designed to incentivise both new and existing customers. This campaign, announced towards the end of the year, offers rewards of up to $100.
Sun Life Singapore and Prudential Financial Advisers Singapore (PFA) have signed a collaboration to offer the former's SunBrilliance Indexed Universal Life to PFA clients.
Financial advisers should closely monitor updates to laws like the Anti-Money Laundering and Counter-Terrorist Financing (Financial Institutions) Ordinance (AMLO) and ensure their clients' portfolios adhere to these regulations, said Mr Nigel Green, Chief Executive of the deVere Group, an advisory company which operates across the globe.
Measures are needed to help the people and government in Turkiye to protect their assets and ensure their sustainability, Mr Ahmet Yasar, vice president of the Insurance Association of Turkiye (TSB) has said.
Singapore is one of two places in Asia where the market share of large multinationals in life insurance shrank, a study by McKinsey has found.