Continually building upon one's strength is a motto which the recent Young ASEAN Managers Award (YAMA) winner lives by, and has worked well to motivate himself and those around him.
Research commissioned by Australia's largest life insurer, TAL, shows a dramatic difference between the number of Australians who rate the importance of life insurance and the number who have it.
The Australian and New Zealand Institute of Insurance and Finance (ANZIIF) has started a Corporate Supporter Program, which from 2015-2018, will focus on a number of initiatives, with a major focus on raising awareness of, interest in and avenues to insurance careers through a variety of actions across Australia and New Zealand.
The Insurance Development and Regulatory Authority (IDRA), the insurance regulator of Bangladesh, has expressed concern over the high lapse rates of policies issued by private life insurance companies.
The top life insurer in China last year was China Life with premium income of CNY331.24 billion (US$52.97 billion), according to CIRC data.
China's insurance industry recorded profit of CNY204.7 billion (US$32.8 billion) last year, more than double the amount of the previous year, said the country's insurance regulator in a media statement, reported Ecns.cn.
Markel International will provide treaty and facultative reinsurance for Chinese insurers via its Syndicate 3000 at Lloyd's and the business will be written through the Lloyd's China platform.
The Insurance Regulatory and Development Authority of India (IRDAI) is currently working on replacing or amending 40 regulations for the insurance industry on the back of the Government promulgating the Insurance Laws (Amendment) Ordinance in December 2014.
Proposals by Indonesia's financial services authority (OJK) to increase the amount of insurance business placed with domestic reinsurers could potentially add to challenges for both the domestic insurance and reinsurance sectors, said Fitch Ratings.
Agencies that sell insurance policies to walk-in customers will see new rules that require them to be transparent about the plans' costs and benefits as well as disclose whether the agencies have any capital tie-up with the insurer, reported Nikkei.
One of the largest non-life insurers in South Korea, Dongbu Insurance, has formed a US$200 million joint investment fund with MetLife and Manulife Financial to expand its foreign investment portfolio.
The Government of Pakistan plans to launch the Prime Minister's National Health Insurance Programme for 66 selected districts of the country in phased manner with estimated cost of PKR45.078 billion (US$446 million) over a period of five years.
The Malaysian civil aviation authorities has officially declared the disappearance of MH370, which had been en route from Kuala Lumpur to Beijing on 8 March last year, an "accident" and that all 239 people aboard were presumed dead. The declaration meant the process of compensation could begin, said Department of Civil Aviation (DCA) director-general Azharuddin Abdul Rahman.
The Life Insurance Association Singapore (LIA Singapore) has announced that the industry results for the period January to December 2014 showed a robust 7% increase in the overall sum assured for new business, totalling S$88.7 billion (US$65.6 billion) compared to 2013.
AIA, AXA and Great Eastern have announced various promotions and initiatives to celebrate the island's 50th birthday. The country's jubilee year is represented by the logo SG50.
The primary insurers of the crashed TransAsia Airways GE235 which killed at least 31 people have said they will not be significantly impacted, according to Reuters.