All articles by Verdict Staff

Verdict Staff

Fitch outlines challenges for Thai life insurance industry

The future landscape for life insurance in Thailand and across the Southeast Asia region will be shaped by changing consumer needs, tightening regulatory requirements, and gradual shifts in the investment mix, according to Fitch Ratings.

FPI appoints Toby Simpson as SE Asia regional sales director

Toby Simpson has joined Friends Provident International (FPI) as its regional sales director for Southeast Asia.

AIG selects Accenture software to improve operational efficiencies

AIG has chosen life and annuity software from Accenture to reduce costs and prepare for future business growth.

Pacific Life Insurance taps Calypso’s Collateral Management technology

US-based Pacific Life Insurance Company has chosen the Calypso Collateral Management solution for automation and optimization of its collateral across all business entities.

Indian insurance industry requires $8.13bn of capital infusion, says IRDA

Indian insurance industry will require INR500bn ($8 billion) capital injection that can be fulfilled by opening the sector for foreign direct investment (FDI).

Religare to quit life insurance joint venture with Aegon

Religare Enterprises is reportedly planning to exit its life insurance joint venture (JV) Aegon Religare Life Insurance, with its Dutch insurer Aegon.

MetLife unveils Secure Flex Universal Life insurance policy

MetLife has released its new insurance plan known as Secure Flex Universal Life, which offers integrated protection and flexibility to the consumers.

National Australia Bank mulls to divest life insurance business

National Australia Bank (NAB) is reportedly considering disposing of its life insurance business, which has been valued at approximately $800m.

Allianz Worldwide Care unveils new line of life and disability products

Allianz Worldwide Care has rolled out a new product line to provide life and disability cover alongside international health.