The growth in the insurance industry in Morocco is insufficient for all intermediaries, a large number of whom are heavily dependent on the motor branch and monitor their commission income closely, indicated Mr Farid Bensaid, president of the National Federation of Insurance Agents and Brokers (FNACAM).
Allianz Retire+ and AIA have formed a strategic partnership aimed at addressing Australia's growing retirement challenge.
Prudential Singapore has launched PRUActive Family Care (PAFC), a whole-of-life protection plan designed for Singaporeans caring for multiple generations. The plan enables caregivers to provide protection for both their child and ageing parents under a single policy.
India's life insurance market is growing, but the gains are not translating into wider coverage, with active individual policies remaining largely flat despite a sharp rise in bank account ownership, according to a McKinsey report.
Hong Kong's insurance regulator, the Insurance Authority (IA), has published its latest edition of Conduct In Focus.
Aviva Life has partnered with Wizz Financial Group through its premier travel and lifestyle service provider, Wizz Holidays, powered by Wizzmoni Financial Services. The partnership aims to expand access to life insurance and critical illness protection for customers across Wizz Financial's ecosystem.
Chubb Life Hong Kong has launched the Chubb MyLegacy Multi-Currency Insurance Plan, which offers a customised life event settlement option and can be convertible to another currency.
India's insurance regulator's proposed insurance distribution reforms will accelerate companies' scaling up of their agency channels whilst introducing steep caps for general and health insurance, according to Nomura's Global Markets Research team.
Singlife has launched Singlife Heritage Reserve, a US dollar-denominated participating whole-of-life insurance plan designed for long-term wealth accumulation, legacy planning, and multi-generational wealth transfer.
Preparing the next generation to manage inherited wealth is becoming a key concern for Asian families, according to a new Sun Life Asia study.