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ASEAN tag returned 142 results

  • Southeast Asia: Tokio Marine to sell $1bln regional life insurance business

    Japanese insurer Tokio Marine Holdings has picked investment banks Goldman Sachs and Jefferies to work on the sale of its Southeast Asia life insurance business worth $1bn, two sources with knowledge of the transaction told Reuters.

    Asia | 09 Jun 2023
  • Fires, shadow tanker fleet and economic uncertainty pose new safety challenges in shipping

    A combination of factors impacting fire risk, ongoing and new threats posed by the ripple effects of the Ukraine conflict, decarbonisation challenges, economic uncertainty, as well as the rising cost of marine claims, means the shipping sector still has plenty of obstacles to navigate over the next 12 months and beyond, according to insurer Allianz Global Corporate & Specialty SE's (AGCS) "Safety & Shipping Review 2023".

    Asia | 06 Jun 2023
  • Thailand: Reinsurer eyes ASEAN market, buoyed by improved domestic performance

    Thai Reinsurance Public Co is planning to expand it business overseas, especially in the ASEAN region, including Cambodia, Laos, Myanmar and Vietnam. The reinsurer also sees Indonesia and the Philippines as markets where it can grow its business.

    Asia | 17 May 2023
  • Asia: Prudential posts strong life insurance sales in 1Q2023

    Pru plc reported strong sales in the first quarter of 2023 (1Q23), with its annualised premium equivalent (APE) surging by 35% from $1,212m in 1Q22 to $1,559m in 1Q23.

    Asia | 04 May 2023
  • Southeast Asia: Regional InsurTech kicks off partnership with convenience store chain in Vietnam

    Regional InsurTech Igloo has formed a strategic partnership with global convenience store Circle K to increase the accessibility of non-life insurance products in Southeast Asia.

    Asia | 28 Apr 2023
  • Japan: Tokio Marine mulls sale of ASEAN life insurance business -- report

    Insurance giant Tokio Marine Holdings is considering a sale of its life insurance business in southeast Asia that could be valued at about $1bn, reported Bloomberg News quoting people familiar with the matter, as the Japanese insurer looks to focus on its core operations.

    Asia | 26 Apr 2023
  • Why it makes sense to buy life insurance for children

    If your clients are parents, they may be able to take out a policy on their child/children. If they pass away, this will help your clients take time off to grieve without sacrificing their financial well-being.

    Agents | 25 Apr 2023
  • Who needs life insurance?

    The answer to the question "Do I need life insurance?" will be different for everyone. Whether a person needs life insurance depends on his/her financial goals. If any of the following scenarios fit your clients' situation, they would probably need it.

    Agents | 05 Apr 2023
  • What seniors should know about term life insurance

    Life insurance provides vital financial protection for adults of all ages. Whether they're younger and just getting started in their careers, older with financial dependents and small children or a senior who recently retired, life insurance is generally worth it.

    Agents | 02 Apr 2023
  • People in Asia seek to extend health span for longer, healthier retirement: Manulife survey

    According to a survey by Manulife, the vast majority of respondents (92%) said they are willing to spend more to prolong their health span. Investing in exercise and healthier diet are the main ways people seek to improve their health. Furthermore, with mental health issues on the rise, mindfulness activities, such as yoga and brain training, are also popular ways of self-help.

    Agents | 29 Mar 2023

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