Insurance

Singapore life annuity insurance market to grow by $603m by 2028

The attractiveness of fixed annuities has been a key driver.
4 days ago

Manulife, Maybank unveil new retirement investment plan

The plan utilised a glide path approach, which adapts to a client's evolving needs.

Singapore’s general insurance market slated for 6.4% in 2025

Thanks to regulation, economic growth, and demand for private health insurance.

Why a third of Singaporean SMEs don’t use cyber insurance

Amongst those without coverage, half considered purchasing a policy.

UOI proposes $8.9m final and special dividends for FY2024

If approved, the dividends will be paid on 16 May.

Singapore's life insurance workforce shrinks by 2.3% in 2024

Higher demand was noted in integrated shield plans and riders coverage.

How did Singapore’s life insurers fare in 2024?

The industry's growth was influenced by higher demand for annual premium products.

Prudential to potentially list India-based ICICI Pru AMC

The net proceeds will be returned to shareholders if followed through.

QBE underwrites CyberFender for Singapore SMBs protection

It protects against security breaches, interruptions, and cyber extortion.

36% of Singaporeans opt for extra coverage beyond work insurance

However, 90% of Singaporeans already own medical insurance.

1 in 2 S’poreans turn to insurance for financial security

For 2025, 22% of residents are expected to spend more on insurance.

4 in 5 S’poreans prioritise financial control as economic sentiment looms

Inflation and cost of living remain the top economic concern for Singaporeans.

Etiqa launches Singapore’s first takaful insurance product in years

Demand for Islamic financial products from the Middle East and Southeast Asia is growing.