Health insurance firms are increasingly realising that 'Health is Wealth'. When we are healthy, our chances of growing in wealth increase manifold.
Around 25% of Munich Re Group's reinsurance premium income last year stemmed from Asia and MENA, says the global reinsurance giant in its annual report for 2022. Australia and New Zealand contribute around 5% to premium income.
AI chatbot, ChatGPT, is creating sensations and breaking barriers in different industries, and even giving financial advice to people. But can it really replace human financial advisors?
Allianz Global Corporate & Specialty (AGCS) has hired Mr Gareth Lang as AGCS Asia Pacific regional head of legal and compliance with effect from 12 June 2023. In this role that is based in Singapore, he will oversee, coordinate, manage and advise on all aspects of legal, regulatory and compliance affairs of AGCS Asia Pacific to ensure the protection of legal rights and enable its strategic business development in compliance with applicable laws and regulations.
Someone in poor health or with medical problems should have an entirely different plan from a person who is healthy, said certified financial planner Carolyn McClanahan.
Nearly 88% of Indians are ready to trade their high-paying jobs for comparatively low-paying ones for their mental wellbeing as stress from work has a significant impact on their personal lives according to a new survey.
The recent high-profile closures of Signature Bank and Silicon Valley Bank are expected to have limited impact on Asian financial institutions according to credit ratings agency Moody's. Regulators in the US closed Signature Bank two days after shutting Silicon Valley Bank following mass withdrawals.
Hong Kong-headquartered Prudential Plc has reported a plunge of 53% (at constant exchange rates) in IFRS profit after tax, from 2021's $2,184m to $1,007m in 2022, which was the first full year for the Group as an Asia and Africa-focused business.
Pan-Asia insurer, FWD Group Holdings, a ompany owned by Hong Kong billionaire Richard Li, has filed for a third time for an initial public offering, reported Bloomberg.
Pan-Asia insurer AIA Group has posted a 5% decline in the value of new business (VONB) to $3,092m for the 2022 full year while its new-business margin fell 2.4 percentage points to 57.0%.