AIA Singapore and Medix in May 2018 announced an exclusive partnership to offer Personal Medical Case Management Services (PMCM) to AIA customers. The service is said to be the first of its kind in Singapore and will help customers facing serious medical conditions by making sure they get the right diagnosis as fast as possible, have access to optimal treatment, and are supported through their treatment journey until recovery.

Allianz in May 2018 finalized the sale of part of its Taiwan business’s traditional life insurance portfolio to China Life Insurance. The deal had been announced in January 2018. The portfolio includes around $1.4 billion of reserves in guaranteed interest contracts (GIC) that carry a 4 percent or higher guarantee. Under the Solvency II (S2) regime, GICs are particularly expensive in terms of capital requirement, especially when market rates

Willis Re in May 2018 appointed Franck Pinette as managing director of its Europe, Middle East and Africa life and health practice He joins WTW from Guy Carpenter (MMC) where he was the CEO of the European Life Business. Previously, Pinette worked for PartnerRe as MD of the Life Reinsurance Business Unit and began his career as Life reinsurance manager for Mutuelles du Mans Reassurance. He is a qualified

The AIG Global Benefits Network Annual Partners meeting was held on 14 September 2017, in Paris, France. The meeting focused on AIG’s global strategy, with extensive discussion on the effects of the global economy on the insurance industry.