Manulife Asia has signed a three-year exclusive premier sponsorship agreement with the Million Dollar Round Table (MDRT), a global, independent association of the world's leading insurance and financial services professionals from 85 nations and territories and more than 700 companies.
For the life insurance agency channel, 2024 was a challenging year marked by transformation and survival efforts. Faced with macroeconomic adjustments, pressure from "unified commission reporting," and declining product interest rates, many agencies had no choice but to adapt to avoid stagnation and decline. Without changes, they risked shrinking market share, high attrition rates, and structural instability.
AXA Hong Kong and Macau (AXA) has launched WealthAhead Savings Plan (the Plan), a new product featuring an ultra-short premium payment term of two years, supporting customers in accelerating their wealth accumulation and establishing long-term savings.
Prudential Assurance Malaysia Berhad (PAMB) has introduced the PRUWith You Plus plan, a flexible and customisable insurance option with an increasing sum assured that offers comprehensive coverage.
Forte Insurance and Prince Bank have officially launched a bancassurance partnership in a collaboration to deliver a wide array of financial services that cater to the dynamic needs of the Cambodian market.
As the year-end approaches and the new year begins, the 'Kai Men Hong' (translated to 'a prosperous beginning') season - a critical time for boosting performance - is in full swing.
AXA Global Healthcare, the international medical insurance division of French multinational insurance firm AXA Group, has unveiled a digital platform merging insurance services with healthcare delivery.
Maybank's insurance arm, Etiqa Insurance Singapore (Etiqa), in collaboration with Maybank Singapore, unveiled Invest Future, Singapore's first takaful offering in over 10 years. Maybank Singapore is the exclusive distributor of this innovative Shariah-compliant investment-linked product (ILP).
HSBC Life Singapore has appointed Mr Ronald Tan as chief agency development officer. In his new role, he will oversee HSBC Life's tied agency channel and the insurer's strategic distribution partnership with Singapore Post.
Shinhan Life Insurance has introduced a pension insurance product guaranteeing a minimum annual interest rate of 7%, challenging the pension insurance market.