Manulife is integrating GenAI with agent operations in Singapore and enhancing capabilities in contact centres and underwriting processes.
AIA Singapore has expanded inpatient coverage for mental health care for its corporate insurance policies, at no additional premium.
Nine out of 10 advised clients believe the benefits of financial advice outweigh the costs, the Value of Advice Index has found.
The Reference Checking Scheme for Insurance Intermediaries has entered into effect on 1 September 2024, the Hong Kong Federation of Insurers (HKFI) says.
The life insurance provider has announced the recipients of the inaugural MDRT Grant Programme for New Zealand's Independent Financial Adviser (IFA) channel. The grants are designed to support advisers to develop innovative ways to support customers and accelerate their service provision.
Called Life Advantage, it provides coverage equal to 200% of the sum insured and guaranteed annual income payouts of 5% of the sum insured, EastWest Ageas said in a statement.
The East Asian Insurance Congress (EAIC) is back, and is currently taking place in Hong Kong where it recovers its mantle as the largest and most recognised event of its kind in the region.
While Singapore consumers have financial goals set, close to 70% are struggling to achieve financial wellness, according to findings of a survey commissioned by AIA Singapore.
Tata AIA Life Insurance has launched the Tata AIA Nifty Alpha 50 Index Fund, an open-ended New Fund Offering (NFO) with an alpha investing strategy to benefit from potential growth while securing their loved ones with the protection of a life insurance cover, through its unit-linked insurance products.
Most Singaporeans (81%) aspire to retire between the ages of 50 and 70, with younger generations, including millennials (71%) and Gen Z (71%), aiming for retirement at 60. 75% of Singaporeans have prioritised planning for retirement, typically starting at age 35, according to the Etiqa Insurance Singapore Retirement Insights Report 2024.