Munich Re, Google Cloud and Allianz have announced a joint partnership towards pioneering cyber insurance, a first-of-its kind collaboration between a major cloud provider and leading cyber insurance companies. .
FWD Group ("FWD") announced that it has completed its investment in a significant minority stake in PT Asuransi BRI Life ("BRI Life"), the life insurance arm of PT Bank Rakyat Indonesia (Persero) Tbk ("BRI"). As part of this investment, BRI Life has entered into a long-term life insurance distribution agreement with BRI.
An administrative court has ruled that insurers do not have to disclose in insurance policies the amount of commissions or incentives paid to intermediaries.
Sri Lankan life insurer Union Assurance has created history in the market with a record number of 172 Million Dollar Round Table (MDRT) qualifiers from the company in 2020.
Sitting on the judging panel of the 6th Asia Trusted Life Agents & Advisers Awards is Jude Gomes, CEO of Union Assurance.
Union Assurance has made history with a record number of Million Dollar Round Table (MDRT) qualifiers to achieve the number one position in Sri Lanka.
Global insurer Allianz announced its consolidated results for the Asia Pacific region for the year ended 31 December 2020, showing that total operating profit for Asia increased by 15.4% (19.0% w/o F/X impact) to EUR551m ($666.4m) compared to 2019.
The majority of insurance advisers in Asia are optimistic about the economy, the outlook for the life insurance industry and sales growth, despite being in the midst of a pandemic, according to a survey conducted by Sun Life. It also finds that COVID-19 is having a polarizing effect in the industry as digital becomes a critical tool for sales performance.
Great Eastern Holdings' total weighted new sales (TWNS) rose 23% y-o-y to S$1,545.3 million (US$1,172.2 million), according to its financial results for year ended 31 December 2020.
Changing career might seem daunting, but it can also be one of the most rewarding experiences. Here is the story of Ong Pei Yi, who made the shift from a former Cabin Crew to now a Great Eastern Agent of Life.