All articles by Verdict Staff
Verdict Staff
Singaporean life sector enjoys consistent growth
Sustained economic development and an aging population is creating an ideal environment for the steadily-growing Singapore life insurance sector, according to the Life Insurance in Singapore report, Key Trends and Opportunities to 2016, available on the Insurance Intelligence Center.
American General launches new Power Index Plus
American General Life Insurance Company (AGL), a part of AIG Life and Retirement, has launched its new index annuity, Power Index Plus, which offers a combination of principal protection, growth potential and lifetime income for retirement.
Total written premiums reached US$10bn as Indonesian market thrives
Strong recent results from individual-life insurance and robust economic development has helped the overall industry to strive, according to the Life Insurance in Indonesia report, Key Trends and Opportunities to 2016, available on the Insurance Intelligence Center.
Economic uncertainty stunts Italian life sector growth
The Italian life sector increased between 2007 and 20011, despite being severely hit by the European sovereign debt crisis in 2011, according to the Life Insurance in Italy report, Key Trends and Opportunities to 2016, available on the Insurance Intelligence Center.
Expanding group-life insurance business boosts Colombian market
Colombian industry overcame slow interest rates to post strong growth between 2008 and 2012, according to the Life Insurance in Colombia report, Key Trends and Opportunities to 2016, available on the Insurance Intelligence Center.
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Securian, Upromise by Sallie Mae unveil new life insurance product
US-based financial services holding company, Securian Financial Group, has launched a simplified issue whole life insurance product, collaborating with Upromise by Sallie Mae.
Fast-growing Life segment dominates Hong Kong insurance market
Rising consumer awareness, favorable government initiatives and marketing campaigns drove the life sector to make up nearly 90% of the Hong Kong insurance sector, according to the report Life Insurance in Hong Kong, Key Trends and Opportunities to 2016, available on the Insurance Intelligence Center.
Industrial Alliance launches new guaranteed lifetime retirement income option
Industrial Alliance has introduced new SecurOption – Lifetime Retirement Income, a new option to the companys group retirement savings plans.
Hanwha Life enters into Indonesian insurance business
Hanwha Life, a South Korean insurance firm, has formally launched its insurance operations in Indonesia, as part of its plan to capture approximately 1.5% share of the country’s insurance market.
Goldman Sachs sells majority stake in Rothesay Life
Goldman Sachs Group, a US diversified financial conglomerate, has sold a majority stake in its UK pensions insurance business Rothesay Life to a group of companies.