Insurance
S’pore insurers not mandated to override decisions on PWD provisions
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.
Singlife and Doctor Anywhere launch subscription plan for self-employed
The partnership is set to benefit about 310,000 self-employed individuals.
MAS issues 12-year ban on former Manulife rep over cheating offences
The rep tricked 25 victims into sending him over $1.2m for a fake investment.
MAS issues 8-year prohibition orders to ex-Prudential rep
The former Prudential rep misappropriated $117K in premiums.
Allianz Partners collaborates with MoneyHero for travel insurance
The policy is underwritten by Tokio Marine Insurance Singapore.
InterContinental is saving insurance for a rainy day
NUS Professor Charoenwong discusses the effectiveness and value of a Singaporean hotel’s rain insurance offer.
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