Life
‘Perfect Storm’ impacts global cross-border life sector in 2023
The Europe ex-UK region regularly accounts for around two-thirds of all the global cross-border new life business
Utmost grows AUA and value of new business despite challenging markets
Strong growth saw VNB grow by 19% from HY 2023 to £25m
HSBC Life adds value with wellbeing benefits for policyholder partners
In addition, dependents aged 16-23 will be eligible for mental health services
AIA Singapore partners with social sciences university for first ‘future-ready talent’ life course
It represents the inaugural collaboration between a Singapore university and an insurer to develop a joint training programme
Swiss regulator FINMA officially approves insurance industry self-regulation plan
The new self-regulation enters into force on 1 October 2024