Philip Chua Business Blog

Posts Tagged ‘life’

(SINGAPORE) Life insurers here such as Manulife are recruiting big time and their efforts may get a boost from the uncertainty facing some 4,000 AIA agents worried about the takeover by Prudential. But it won't be cheap for those targeting AIA agents - especially the more senior ones - because the company is the only insurer here which has an agents' provident fund, said one AIA agent. 'They are t... more

With the New Year upon us, we see the circle of life that is likely to define the U.S. economy and markets through 2010. The U.S. labor market was much weaker than expected in December. While we did get a positive print for November after revisions, this paled in comparison…

(SINGAPORE) The Monetary Authority of Singapore (MAS) is seeking sweeping new powers to seize insurers in distress and to supervise their liquidation to protect policyholders.
It also wants to raise the limits on the compensation offered by the policy owners’ protection fund (PPF) schemes for both life and general insurers, to better protect policy owners.
The PPF schemes were introduced in the In… more

Unemployment has caused major life changes and mental health issues for millions of Americans, a New York Times/CBS News poll found.









Mental health – New York City – Health – Unemployment – United States

For Lawrie Covey and millions of other unemployed workers, life remains a day-to-day struggle. Instead of working on RVs in a factory, she may soon be living in one.

Unemployment – Business – Financial services – Health – Insurance

SINGAPORE’S life insurance industry marked a second consecutive quarter of recovery with $426 million of total weighted new business premiums in the third quarter, placing the industry near levels before the global recession.
While this is a tad lower than the weighted new business premiums of $444.8 million in the third quarter of last year, it is a jump of 40 per cent from the second quarter and… more