Tata AIA Life Insurance (Tata AIA) has launched its offshore branch at Gujarat International Finance Tec-City (GIFT City), India's first International Financial Services Centre (IFSC). It allows the company to offer US Dollar-denominated life insurance products to Non-Resident Indians (NRIs) through its dedicated website.
The community programme, called "Hoops+Health", is inspiring engagement, activity and healthy living through basketball by improving community access to courts and education across six Asian markets.
Sun Life has appointed Mr David Lim as chief agency officer for Asia, effective 2 September 2024. In his new role, Mr Lim will lead the delivery of a future-ready agency model leveraging digital platforms to enhance client experience across the Asia businesses. He will also help advise on channel growth, provide insights to develop best practices and foster greater engagement between clients, advisors and Sun Life.
Great Eastern has launched its Great Legacy programme to help Singaporeans with their Lasting Power of Attorney (LPA) and Advance Medical Directive (AMD) applications.
National Australia Bank (NAB) has agreed to sell 80% of its life insurance arm to Japan's Nippon Life Insurance Co for about US$1.7 billion, said a person familiar with the matter.
Manulife Vietnam has announced its new mobile app, 'Manulife Vietnam', designed to empower customers with convenient access to their insurance policies on handheld devices.
Prudential has expanded its alliance with Google Cloud to develop artificial intelligence (AI)-powered products and solutions.
AIA Singapore has announced an initiative to help customers better understand their insurance policies and improve their financial literacy in a continued bid to bridge the nation's protection gap. Through this initiative, the organisation aims to encourage more Singaporeans to attain adequate protection.
SBI Life Insurance, one of India's most trusted life insurance companies, has partnered with the Paralympic Committee of India (PCI) as a Gold Sponsor for the Paris 2024 Paralympic Games starting on 28th August 2024 in Paris.
Syarikat Takaful Malaysia Keluarga (Takaful Malaysia) has launched Kaotim Legasi, an affordable Hibah (conditional gift) takaful plan with high coverage of up to MYR2 million.