Life Insurance Corporation of India (LIC) has emerged as the strongest insurance brand in the world with a steady brand value of US$9.8 billion, a brand strength index score of 88.3, and an associated AAA brand strength rating, according to a report by Brand Finance Insurance 100 2024.
GROW with Singlife, an integrated investment platform operated by the Singapore-based life insurer Singlife, has teamed up with Allianz Global Investors Singapore Limited (AllianzGI), a key player in the field of active asset management. This collaboration is set to provide advisers and investors with access to a wide range of wealth and investment solutions.
In celebration of World Women's Day which is celebrated every March, Sun Life Indonesia has launched an inspirational session of Sun Entrepreneur with hundreds of women to discuss entrepreneurial-based empowerment in the insurance agency distribution industry.
Nasdaq-listed Huize Holding, a leading independent online insurance product platform in China, has turned around its results, posting net profits of CNY70.2m ($9.9m) in 2023, according to unaudited financial statements issued by the company.
In a positive indicator of the financial awareness in the country, Cambodians surrendered fewer insurance policies in 2023.
Singaporean millennials have the highest levels of financial resilience, and, while confidence and optimism are high across all generations, many people including wealthy individuals still lack a plan of action. In addition, trust and emotion were important when Singaporeans made financial decisions.
AIA Australia (AIA) has rolled out a menopause support programme specifically designed for women aged 40 to 55.
More than 200 insurance agency licences have been cancelled so far this year.
Manulife Malaysia and its bancassurance partner has launched EliteLife Signature Legacy, a comprehensive yet flexible legacy insurance plan that offers high insurance coverage, extended disability coverage plus loyalty rewards and bonuses. The plan is underwritten by Manulife Insurance Berhad and distributed by its bancassurance partner, Alliance Bank Malaysia. Customers can sign up for this plan at all Alliance Bank branches nationwide.
Etiqa Insurance Singapore has introduced a new critical illness (CI) insurance policy, named Essential critical secure. The new insurance policy aims to offer wide-ranging and cost-effective coverage for 111 CI and mental health conditions spanning different illness stages.