Manulife Singapore has announced significant enhancements to its Manulife Pro programme, aimed at raising the bar for excellence and improving service quality within the insurance sector.
The number of insurance agents has fallen to 2.81m as of the end of 2023, a plunge of 69% from the end of 2019. While the decline is tapering off, there are no signs of when it will stop.
Manulife Insurance Bhd (Manulife Malaysia) has launched the latest addition to its health solutions called Manulife MediShield.
AIA Group (AIA or the Group) has opened its redeveloped group headquarters at 1 Stubbs Road, Wan Chai in Hong Kong. The AIA Building is Hong Kong's first urban campus and is wholly owned, operated and solely occupied by AIA.
Manulife Hong Kong has announced a two-year strategic partnership with Mind HK, a Hong Kong-based mental health charity, to raise public awareness of the importance of mental health and to influence the development of mental health support services in Hong Kong.
The listed financial services subsidiary of the automobile manufacturing group Mahindra & Mahindra has obtained a certificate of registration from the IRDAI for a corporate agency licence.
The Insurance Regulatory and Development Authority (IRDAI) has reportedly discussed with the CEOs of life insurance companies to do away with the high upfront commission of life insurance agents in the first year.
Life insurance companies are increasingly targeting the "senior care" market.
Sun Life Malaysia (Sun Life) has opened its first branch in Kuching to bring better financial protection to clients in Sarawak and a way of speeding up its growth in East Malaysia.
Insurance intermediary licences are now being offered at basement bargain prices, compared to once-high prices demanded when many investors rushed to acquire such licences.