Insurance
Temasek and Warburg Pincus to acquire Specialist Risk Group
Temasek and Warburg Pincus to acquire Specialist Risk Group
The acquisition is subject to regulatory approvals.
Singlife introduces first market insurance for dementia care
Dementia is the 5th leading cause of disability in the country.
SG’s life insurers see 32.2% leap in new business premiums in Q1’24
This is equivalent to S$1.4b.
OCBC's bid for Great Eastern Life to boost sector valuations
OCBC has been a shareholder in Great Eastern Life since 1958.
Italian insurance-financial firm opens office in Singapore
The lion city is Italy's largest export goods destination in the region.
S’pore insurers not mandated to override decisions on PWD provisions
MAS found no unfair practices but stressed improved insurer communication.
OCBC courts Great Eastern with S$1.4b offer
The bank plans to increase its investment beyond its current 88.44% stake.
Manulife Singapore upgrades income-generating product
About 9 in 10 S’poreans said they want to earn without working.
Chubb, Maryland to discuss $350m compensation deal: Report
Analysts anticipate total insurer payouts could reach $4b.
Insurance incentives sweeten EV deal for consumers
Tax incentives and the introduction of charging stations are boosting the EV market.
Prudential sees 11% YoY rise in Q1'24 new business profit
APE sales increased by 7% YoY to $1.6b.
60,000 gig workers to get insurance from JodRewards programme
The sponsored benefits are underwritten by Etiqa Insurance Singapore.
Income Insurance debuts in AltaX
Income Insurance shareholders can sell their shares to Phillip Securities.
1 in 3 executives dread political risk in 2024
More than 60 countries are holding elections this year.
MSIG Singapore to maintain footing from parent support: S&P Global
S&P Global Ratings said the insurer will remain highly strategic.
Igloo partners with finance providers to tackle underinsurance in Vietnam
To date, Igloo has partnered with more than 75 companies in 8 different territories across SEA.
United Overseas Insurance revenue rises 6% YoY in Q1’24
The company saw its net earnings reach $8m during the quarter.
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Commentary
SG60: What the next 10 years have in store for Singapore’s investment landscape