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.
The Insurance and Social Welfare Supervisory Authority (ACAPS) is preparing a new training system for insurance intermediaries and payments companies that are new entrants to the microinsurance market.
AIA New Zealand has announced an enhancement to its post-claim recovery programme through a range of support options meant to increase customers' ability to get back to normalcy post-claims.
The Financial Services Authority (OJK) is seeking to improve financial literacy and inclusion by issuing an amended regulation for consumers and the public.
New York-listed Waterdrop, one of China's largest listed insurance intermediaries with a technology platform dedicated to insurance and healthcare services, swung its financial performance to black ink in 2022 through heavy cost cutting.
Muang Thai Life Assurance (MTL) has launched a wellness and lifestyle application named MTL Fit that offers customers up to 15% premium discounts.
Health insurance firms are increasingly realising that 'Health is Wealth'. When we are healthy, our chances of growing in wealth increase manifold.
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?
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.
Risk Exchange (DIFC), an international reinsurance intermediary based in Dubai Internationl Financial Centre, and Timber Creek Insurance Group, a reinsurance company based in the US, have signed a global MGA agreement.