Prudential Hong Kong has celebrated a fresh milestone with the grand opening of its new multipurpose office for its agency force at AIRSIDE, a Grade A commercial landmark in Kai Tak.
The Confederation of General Insurance Agents' Associations of India, an umbrella body of non-life insurance agents, has called on the government to slash the GST (Goods & Services Tax) rate on individual health insurance policies to 5% from the current 18% to encourage people to buy these policies.
FWD Hong Kong has launched the Easy WealthPlus Endowment Plan, which guarantees an 8-year maturity return of up to 4.0% per annum, along with life protection.
Krungthai-AXA Life Insurance has unveiled its latest advertising campaign titled "Enjoy Life, worry free" for the LifeReady insurance plan.
INCOME Insurance is currently "in discussion" with European insurer Allianz on a transaction relating to Income's shares, it said recently. The statement follows media reports that the two insurers are in talks about a possible tie-up, which could see Allianz buying a stake in Income, or a partnership agreement.
Nasdaq-listed Fanhua, a leading independent technology-driven financial services provider in China, has signed a strategic cooperation agreement with Baidu AI Cloud to jointly develop "Du Xiaobao", an AI-Powered insurance sales assistant application for the agency channel.
AIA Cambodia recently kicked-off the second edition of their AIA Children's Day football tournament by expanding the well-received and inclusive event to 40 teams.
The value of revenues earned worldwide by MGA, MGU and cover-holder groups (a.k.a. delegated underwriting authority / underwriting agency groups) was around $23.9bn in 2023, according to an analysis by Insuramore.
Shriram Life Insurance has declared a bonus of INR2.01 billion (US$24 million), up 35% from INR1.49 billion year-on-year (YoY) on the back of robust growth in premium income.
Chubb has entered into a definitive agreement to acquire Catalyst Aviation Insurance, a Melbourne-based managing general agent that specialises in general aviation insurance for the Australia market.