Utmost has appointed Ms Natalie Yeo as Head of High Net Worth Underwriting.
Following Mr Tomas Kunzmann's appointment to the Allianz SE Board of Management, Allianz Group has announced Mr Philipp Kroetz as the new CEO of Allianz Partners.
Manulife Cambodia and the Foreign Trade Bank of Cambodia (FTB) have expanded their long-standing relationship through an exclusive bancassurance partnership.
HAYAH Insurance Company has introduced two measures that make financial resilience visible at the level of the market and the individual.
Passing on wealth has been found to be easier than preparing heirs to manage it, according to a survey report by Sun Life Asia.
The ageing global population is fundamentally reshaping the financial services industry while placing significant strain on public pension and insurance models. As populations transition toward retirement, financial institutions are pivoting from simple wealth accumulation to complex decumulation, longevity risk management, and intergenerational wealth transfer services. Meanwhile, governments are paring back or will eventually have to reduce the financial support for the elderly population as the fiscal burden becomes too much to bear.
APAC may be the fastest-growing insurance region globally, yet growth is uneven.
Sukoon Insurance, a leading insurer in the UAE, and the trade body, Dubai Chambers, have signed a Memorandum of Understanding (MoU) to give members of the Dubai Chamber of Commerce access to customised insurance, investment, and employee benefit solutions.
AIA Life Korea has announced that Mr Nathan Chuang, CEO, has decided to leave the insurer to pursue other opportunities.