Life
Generali: Life firms should be responsible for product understanding
Life companies in Singapore should be responsible for ensuring advisers have a clear understanding of products and how they meet customers’ needs, Generali International’s head of sales has said in response to a fresh review by the Monetary Authority of Singapore.
AILO elects Bob Pain as chairman
The Association of International Life Offices (AILO) has elected Bob Pain as its new chairman after Nils Liljeberg chose to step down.
Middle East powers Q1 for Hansard with 336% uplift
Specialist long-term savings provider Hansard Global has reported a surging annual uplift in new business for the first quarter of the financial year with the Middle East and Africa responsible for more than 300%.
Prudential sees sales surge in Asia, HK stands out
Prudential’s Asia business powered ahead with impressive sales growth of 27% in the first nine months of this year against a backdrop of less favourable economic conditions.
MetLife targets under insured Gulf middle class
The expanding middle classes of the six Gulf Cooperation Council nations in the Middle East offer many attractive growth opportunities due to the current low penetration of insurance products, says Theodor Alexandrescu, general manager of MetLife Gulf.