Listed insurance companies in Oman have reported combined net profit growth of 43% to OMR35m ($91m) for 2020 compared to OMR24.6m in 2019, according to data compiled by investment firm Ubhar Capital (U Capital).
NTUC Income (Income) is aiming to recruit 1,200 new financial advisers with the launch of its Sales Management Associate (SMA) programme. The programme is designed to groom participants, such as fresh graduates and mid-career job seekers, with little to no financial advisory experience to become sales specialists and leaders in the insurance industry.
"Embedded deep in every successful businessman's story, there is always this point of inflection," said Matthew Chew, Top 5 Inspirational Agency Leader of the Year at the 4th Asia Trusted Life Agents & Advisers Awards.
Changing career might seem daunting, but it can also be one of the most rewarding experiences. Here's the story of Dan Loi, who made the shift from a former Air Force Safety Officer to now a Great Eastern Agent of Life.
Insurers have raised their plea for the government to forego implementing the next and final tranche of an increase in the industry's capital requirements by the end of 2022.
The Life Insurance Association, Singapore (LIA Singapore) yesterday announced that all seven Integrated Shield Plan (IP) insurers are extending coverage to COVID-19 vaccination complications that result in hospitalisation.
The Life Insurance Association, Singapore (LIA Singapore) today announced that all seven Integrated Shield Plan (IP) insurers are extending coverage to COVID-19 vaccination complications that result in hospitalisation.
The Central Bank of Saudi Arabia (SAMA) says that it continues to work on a number of development initiatives and structural reforms in order to develop the insurance sector and for the sector to achieve alignment with the Kingdom's "Vision 2030" goals.
Medical health insurance policies issued for the current year show a price increase of between 5 and 10% in general, according to insurance industry executives.
Manulife Hong Kong has announced the appointment of Ivan Chan as Chief Agency Officer (CAO) and Tracy Leung as Chief Partnership Distribution Officer (CPDO). Both appointments come as part of the company's ongoing commitment to strongly building its leadership to further expand its distribution capabilities.