AIA Malaysia is the number one Million Dollar Round Table (MDRT) company in Malaysia for the eighth consecutive year.
Prudential Financial Advisers Singapore (PFA), Prudential Singapore's dedicated financial advisory arm, has expanded to over 800 PFA representatives, which the company plans to increase to 1,500 by end of 2025 to support growing customer needs
Prudential Financial Advisers Singapore (PFA) has appointed Mr Jeff Ang as CEO. He succeeds Mr Bernard Chai, who will be retiring at the end of the year. Mr Chai will remain at PFA as an advisor till then to ensure a smooth transition.
Manulife has appointed Ms Bonnie Qiu as chief distribution officer, Asia, effective 19 August 2024 and Mr Rishi Srivastava as chief agency officer, Asia, also effective 19 August 2024. Both appointments are to Manulife's Asia distribution team.
Pan-Asian life insurer FWD was ranked number six in the 2024 Million Dollar Round Table (MDRT) top 10 multinational companies rankings, for the third consecutive year.
The agency channel in Cambodia is generating more premiums as insurers try to reduce their dependence on the bancassurance channel.
India's top life insurer, Life Insurance Corporation of India (LIC) has partnered with strategy consultant A T Kearney to undertake an agency transformation project aimed at future-proofing its 1.4m agents to meet the rapidly evolving needs of customers.
Financial services agency, Terence Lau & Associates (TLA), plans to increase the size of its organisation in Singapore to meet the growing needs of the market.
Pru Life UK won the International Life Insurer of the Year- Philippines award for the fourth consecutive year at the Insurance Asia Awards 2024.
IndiaFirst Life Insurance has appointed Mr Sumeet Sahni as president and chief distribution officer - agency and alliances and Mr Varun Gupta as president and chief distribution officer - bancassurance.