The enforcement actions underscore heightened scrutiny of operational controls and financial reporting at life insurers amid ongoing sccounting reforms.
Amid rising medical inflation in the region, the insurer and its insurtech venture have developed a model to standardise claims data, with the approach rolled out across six Asian markets.
Earnings diversification has increased as overseas and group businesses account for a larger share of profits, supported by expansion in the US market.
The life insurer will extend access to unit trusts through its tied-agency representatives from 2027 across a network of 5,400 financial representatives.
