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Agents/Advisors tag returned 2029 results

  • Philippines: Insurance regulator orders mandatory publication of list of licensed life agents

    All insurance companies licensed to sell life insurance products in the Philippines are now required to establish and maintain a publicly available register of Licensed lnsurance Agents, says the Insurance Commission (IC) in a circular to life insurers.

    Asia | 19 Apr 2024
  • India: Max Life Insurance grows assets under management

    Max Life Insurance Company (Max Life), a joint venture between Max Financial Services Limited and Axis Bank Limited, has announced that it has achieved INR1.5 trillion of assets under management (AUM) by the end of March. The firm has reportedly registered a 20% growth rate year-over-year.

    Agents | 17 Apr 2024
  • India: 35% of CFP professionals should be women by 2030

    The Financial Planning Standards Board (FPSB) India is planning to increase the representation of women in the financial planning field to achieve a 35:65 ratio of women-to-men certified financial planners (CFPs) by 2030.

    Agents | 16 Apr 2024
  • Japan's Nippon Life Insurance launches India subsidiary

    Japan's Nippon Life Insurance has established a new subsidiary in India to bolster its operations in the market, the company said recently. Nippon Life Asia Pacific, a unit based in Singapore, formed Nippon Life India as its direct subsidiary. The new unit will provide management support and market research for Nippon Life's affiliates in India. Until now, Nippon Life has done business in India through partially owned local entities. The life insurance division offers products to individuals and organizations while the asset management division deals in stocks, bonds and exchange-traded funds. The Indian operations had been overseen by Nippon Life's headquarters in Tokyo, but those functions are being transferred to the Singapore subsidiary starting this fiscal year. The new Indian subsidiary is intended to enhance collaboration with the group's local affiliates there and boost research capabilities, reported Nikkei Asia.

    Agents | 14 Apr 2024
  • 2 InsurTech intermediaries float shares on Nasdaq

    Two mainland Chinese-controlled technology-driven insurance intermediaries made the headlines in the past few weeks with the successful launch of their initial public offerings (IPOs) on Nasdaq.

    China | 12 Apr 2024
  • Life insurance agency force continues to shrink in 2023

    The total number of agents of six mainland Chinese-run listed insurance companies was 1.66m in 2023, a year-on-year fall of 19% or a reduction of 380,000 from 2022, according to data released in the 2023 financial statements of the insurers.

    China | 12 Apr 2024
  • India: Customer satisfaction score of top 12 life insurance brands remains stagnant from 2023 to 2024

    Customer satisfaction has been a key aim for life insurance companies. However, the annual survey by Hansa Research, a market research company, called "Investor CuES" which measures customer satisfaction of the life insurance industry using a metric called 'Net Promoter Score' (NPS) shows stagnation in this important area in the last one year from 2023 to 2024.

    Agents | 10 Apr 2024
  • Singapore: Number of agents on the decline

    The number of insurance agents in Singapore declined by 8.4% to 17,711 in 2023 from 19,310 in 2021, according to deputy prime minister Lawrence Wong.

    Asia | 09 Apr 2024
  • South Korea: Life planners state what is most important in the insurance sales process

    Seven out of 10 (68.7%) life insurance planners consider the details and amount of coverage the most important in the consultation process with customers. The customer's economic ability is the important aspect to 15.1% of planners.

    Asia | 09 Apr 2024
  • Thailand: AIA CEO promises insurance products catering to senior citizens

    AIA Thailand will prioritise insurance products for senior citizens aged over 80, company CEO Nikhil Advani said.

    Agents | 07 Apr 2024


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