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Life & Health tag returned 4291 results

  • UAE: International health insurer VUMIĀ® opens new office in Dubai

    VIP Universal Medical Insurance Group (VUMIĀ®), which offers international health insurance products and VIP medical services, has opened a new Dubai office.

    Middle East | 01 Apr 2020
  • What are your parents' financial plans? - Kenny Tey

    It's never easy to raise the topic of financial planning, even if you're in the finance and insurance profession. The topic of money is often sensitive and threaded carefully with strangers and even more so with family members. An article written for both practitioners and consumers, Kenny Tey, an active member of the Insurance and Financial Practitioners Association of Singapore (IFPAS), shares methods and situations on how to broach a sensitive topic like this to your parents.

    Agents | 30 Mar 2020
  • South Korea: Life insurers could be hit by record high reverse margin this year

    South Korean insurers' reverse margin is estimated to hit an all-time high of more than KRW6tn ($4.9bn) as interest rates remain at close to zero.

    Asia | 01 Apr 2020
  • Hong Kong: Insurance Authority extends validity of temporary facilitative measures, non-face-to-face methods

    The Insurance Authority (IA) has announced the second phase of temporary facilitative measures, in view of the latest developments of the COVID-19 pandemic. It has widened the types of life insurance products that can be distributed through non-face-to-face methods to minimise the risk of infection during the selling process.

    Agents | 31 Mar 2020
  • Hong Kong: High-level panel proposes tax measures to enhance insurance industry

    The Financial Services Development Council (FSDC) is proposing several tax measures for both insurance companies and individual policyholders. The goal is to foster the competitiveness of the insurance industry in Hong Kong and encourage Hong Kong citizens to better protect their day-to-day health from risks and accidents through insurance.

    Asia | 31 Mar 2020
  • South Korea: 2nd biggest life insurer's counter shrinks into a penny stock

    Hanwha Life Insurance, South Korea's second largest life insurer, became a penny stock this month, reported Bloomberg.

    Asia | 31 Mar 2020
  • Sri Lanka: Local insurer to cover all COVID-19 claims

    As the number of coronavirus cases continues to rise in Sri Lanka, local insurer Arpico Insurance announced that it would cover all related medical and life insurance claims.

    Asia | 30 Mar 2020
  • Hong Kong: Insurance regulator extends validity and coverage of COVID-19 measures

    In view of the latest COVID-19 developments, the Insurance Authority (IA) has decided to implement extended temporary facilitative measures (TFM) for insurance sales in Hong Kong whereby more types of life insurance products can be distributed through non-face-to-face methods to minimise the risk of infection during the selling process.

    Asia | 30 Mar 2020
  • Australia: S&P revises insurer's outlook due to COVID-19

    Amid financial market volatility triggered by COVID-19, Australia's largest provider of annuities, Challenger Life (CLC), has a slightly higher asset risk exposure than that of peers and required some de-risking. However, the firm is expected to maintain its substantial financial profile and strong business profile according to S&P Global Ratings which revised its outlook for CLC to stable from positive.

    Asia | 30 Mar 2020
  • Malaysia: MSIG donates funds to government for COVID-19

    MSIG Malaysia is channelling funds for initiatives taken by the ministry of health (MoH) in fighting COVID-19 cases in Malaysia.

    Asia | 30 Mar 2020

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