Prudential plc said it has agreed to acquire a 75% stake in Bharti Life Insurance Company from Bharti Life Ventures and 360 ONE Asset Management as part of a strategic repositioning of its operations in India.
Insurance-based wealth solutions are increasingly used as a central planning framework, allowing families to bring together liquidity management, succession planning and crossborder compliance within a single, coherent structure, according to a thought leadership article released by Utmost, a global provider of insurance-based wealth solutions.
High net worth (HNW) individuals in Malaysia show a stronger sense of urgency when it comes to legacy planning, supported in part by robust GDP growth and rising incomes, according to the findings revealed by HSBC Life's first survey on HNW legacy planning across Asia and the Middle East.
Several leading insurance companies launched talent programmes to recruit high-quality individuals for their insurance agency force in 2025, with the momentum continuing into this year.
Asia shows a divided picture when it comes to legacy planning, according to the findings of a survey published by HSBC Life.
Great Eastern is intensifying its focus on high-net-worth (HNW) individuals and families across Asia. Towards this goal, Great Eastern unveiled on 3 March a proposition called Great Eastern Private, created for the high-net-worth (HNW) population across Asia.
Hong Kong women play a dominant role in household financial decision-making, with nearly half (45%) of respondents saying they control long-term family investments, according to the findings of a survey released by life insurer Sun Life. This proportion is the highest among the Asian markets surveyed.
MAPFRE has appointed Mr Jorge Colomer as CEO of its asset management firm, MAPFRE AM. He will take the helm of the management firm at a pivotal moment, as MAPFRE is stepping up its strategic focus on the financial business by expanding its presence in investment, savings and wealth management solutions.
The Ministry of Finance recently approved an increase in the charter capital to VND18,909bn ($775m) of Sun Life Vietnam Insurance Company, part of the Canadian financial services group.