There is a strong case for current caps on life insurance commissions to be retained and even raised slightly, says financial services company AMP.
AIA Singapore and Singapore Management University (SMU) yesterday signed a Memorandum of Understanding to launch the first work-study elective for Actuarial Science students at the School of Economics.
Thai Life Insurance (TLI) said yesterday that it was seeking to raise up to $1bn in an initial public offering (IPO) next month, pricing shares at THB16 ($0.45) each in what could be the region's largest IPO this year, reported Reuters.
The value of death claims almost tripled and the number of suicides rose 18% last year as South Africa was battered by coronavirus infections, reported Bloomberg quoting Discovery Life said.
The African Insurance Organisation (AIO) will mark its 50th anniversary today in conjunction with the 48th annual AIO Conference and Annual General Assembly in Nairobi, Kenya.
Jack Sharry, co-chair of MMI's Digital Advice Community, a member of the Next Chapter Executive Leadership Advisory Board, sees five trends in the race to improve financial advice.
Overall business conditions for life insurers In Japan have improved compared to during earlier stages of the COVID-19 pandemic, prompting AM Best to revise its outlook on the life insurance market to 'Stable' from 'Negative'.
More regulatory liberalisation, consolidation of regulations, and formation of a common software platform for health claims are some of the matters that will be discussed by the CEOs of the insurance companies with the sectoral regulator, said industry sources.
A committee for drawing up Egypt's first local life actuarial tables has completed a review of the proposed tables, according to Mr Hesham Ramadan, assistant to the chairman of the Financial Regulatory Authority (FRA). The new tables are expected to enter into use in the Egyptian life insurance market in early 2023.
International professional services firm Deloitte has mapped out four major scenarios for the future of China's health ecosystem, namely, national infrastructure boom, precision healthcare innovation, thriving consumerisation, and smart population health.