Great Eastern Holdings has reported its financial results for the half-year ended 30 June 2021, registering a strong overall performance despite a weaker showing in the second quarter.
Rates for commercial insurance Asia Pacific saw a slight dip in growth in the second quarter of the year, with a 6% growth in Q2, compared to 7.9% in Q1.
Descartes Underwriting, a global corporate insurance player, will open two offices in Asia-Pacific this month to expand their parametric coverage to markets throughout the region.
With Singapore climbing up the charts of MDRT's top 10 member country to position six, we checked in with Delia Wong, country chair of MDRT Membership Communications Committee (MCC) 2019-2021 to gather her insights on what spurred the climb in the local MDRT market. At the same time, we got her thoughts on the 4th MDRT Day Singapore that is happening soon.
For always going beyond contractual obligations to build strong relationships with his clients; for finding ways to innovate and address shortcomings in the business; and for leading by example and mentoring new people and encouraging them to pursue the employee benefits business.
For leveraging social media and other digital tools to grow and improve her business; for taking the initiative to help her fellow financial consultants as they transitioned into the digital era; and for her efforts in sharing her experience and knowledge of human psychology.
Driven by convenience, the vast majority of Singaporean digital bank customers (83%) would be highly interested in receiving embedded insurance offers based on their transaction data, as would 62% of traditional bank customers.
The Life Insurance Association of Japan (LIAJ) chairperson Yukinori Takada released a new policy statement when he took the post on 16 July.
The survey conducted by The Economist Intelligence Unit and sponsored by HSBC Life revealed that despite having the world's longest life expectancy reaching 85.3 both sex combined, less than one in four (24%) Hongkongers anticipates spending 20 years or more in retirement. Moreover, only 16% of this group have a retirement planning covering 20 years or more, highlighting the significant mismatch between perception and reality not to mention the resulting retirement gap.
Japanese corporates can now avail parametric earthquake insurance using the compact seismograph, ACCURA certified by the Japan Meteorological Agency.