Commission-free insurance available
The Monetary Authority of Singapore (MAS) has today announced the features of standardised life insurance products which will be possible to purchase directly from insurance companies by early next year.
Asia
-
-
Asia Latin Am boost JLT Groups six month profits
Insurance and re-insurance broker JLT Group has registered a 16% growth in profit before tax for the first six months of the year, which it said, was boosted by a strong growth in Asian and Latin American operations and also from the acquisition of Towers Watson Re.
-
Specifics of Singapore insurance channel
The Monetary Authority of Singapore (MAS) has announced that it will release details of its direct insurance product channel by the end of the month.
-
AmInvest offers two feeders into Allianz funds
Malaysia’s AmInvest has unveiled mixed asset and equity growth feeder funds that offer investors access to funds offered by Allianz Global Investors.
-
cimb principal to buy Finansa am in Thailand
CIMB-Principal Asset Management has entered into a deal to acquire Thailands Finansa Asset Management.
-
HK investors to increase Asian allocation
Hong Kong investors are planning to increase their investments into Asia over the next six months as Chinas perceived investment potential soars amid concerns of economic slowdown and reform.
-
Skandia targets Asian HNWs with JLT partnership
Skandia International is targeting high net worth Asian investors in a two-pronged strategy which sees it partner with Jardine Lloyd Thompson Asia and launch a variable universal life product.
-
Singapore to regulate non conventional
The Monetary Authority of Singapore has announced a set of measures to offer enhanced protection to investors, which includes bringing some non-conventional investment products under its regulatory purview.
-
Mekong countries agree on capital market
Thailand and other Mekong region countries have agreed a deal which will pave the way for increased capital market cooperation, with a view to boosting economic growth across the region.
-
Majority of HNWIs rate social impact
More than 60% of global high net worth individuals (HNWIs) see driving social impact with their investments as extremely or very important, with Asian HNWIs valuing it higher than any other region in the world.
-
Pimco names Mogelof as new head of Asia Pacific
Pimco has named its executive committee member Eric Mogelof as the new head of Asia Pacific.
-
fgb set up in south korea
FGB, one of the key banks in the UAE, has set up a new representative office in Seoul, South Korea.