The Beijing bureau of the CBIRC (CBIRC Beijing) has issued an exposure draft of a work plan to support the development of managing general agents (MGAs), including a pilot programme for such intermediaries.
The monthly income of life and non-life insurance planners has declined due to the worsening of the sales environment and the deterioration of channel competitiveness caused by the COVID-19 pandemic, a research institute said.
Life insurers and pension funds in the country sold record amounts of foreign bonds in July as heightened volatility in global debt markets dampened appetite.
Fidelity Life has entered an exclusive agreement with digital oncology and telehealth experts CancerAid and Teladoc Health, to strengthen the insurer's cancer support programme.
TAL Dai-ichi Life Australia has recently announced the completion of its acquisition of Westpac's Australian life business, a year after the two parties agreed to the deal.
The Singapore Insurance Institute's members and partners planted 50 trees at Kranji-Woodlands Nature Way on 27 July 2022 in support of the nationwide OneMillionTrees movement through the Garden City Fund's Plant-A-Tree programme. The Garden City Fund is a registered charity and IPC established by the National Parks Board.
Life insurance is an important purchase for your clients of all ages who want their surviving family members to be provided for in the event of their death.
Clients often rely on their financial adviser to be the expert during the claims process which can sometimes feel intimidating, time-consuming and stressful for claimants, says TAL, one of Australia's biggest life insurers.
Manulife Hong Kong has recently announced that it has enhanced its Cashless Day Surgery eService, the first-in-market and fully digitalised cashless service launched in 2019, to diversify claims pre-approval for customers at day surgeries.
This year's Asia Trusted Life Agents & Advisers Awards (the Awards) ceremony on 26 July saw 16 winners from seven markets celebrated for their contributions to the life insurance industry. The winners were chosen from 65 finalists shortlisted from 222 nominations from 12 markets. Due to the uncertain nature of the COVID-19 pandemic, the organisers have chosen to hold the awards presentation virtually.