Insurance
Bridge Specialty International acquires Singaporean insurance brokerage business
Bridge Specialty International acquires Singaporean insurance brokerage business
The transaction is expected to finish in the first quarter of 2024.
S’pore-based Igloo expands Weather Index Insurance coverage in Vietnam
The insurance will be integrated with Mobifone's agricultural application, MobiAgri.
Income Insurance shares enter private securities exchange through partnership
Digital securities exchange for alternative assets in Southeast Asia, Alta, has partnered with PhillipCapital to launch this new venture.
WTW reveals two new appointments in Singapore team
Ernest Heng has been appointed as the head of specialty whilst David Ng as head of client services in Singapore.
SG promotes proper culture and conduct amongst general insurers
The ICCSC hopes to ensure that general insurers maintain and improve professionality to grow customer’s trust.
AIA S’pore launches Ultimate Critical Cover, S’poreans feel ‘inadequately protected’
A study was conducted which showed that respondents consider a median payout of $100,000 sufficient, short of the recommended $300,000 by LIA.
Fitch Ratings expects Singlife acquisition to boost Sumitomo Life’s credit profile
The acquisition is still subject to regulatory approval in Japan and Singapore.
37% of S’porean businesses plan to explore coverage amidst high-risk environment
Cyber risk remains the primary concern of executives.
Allianz S’pore will improve premiums in the next two years – S&P Global Ratings
Problems may still rise if the insurer deviates from strategise or faces funding challenges.
Sumitomo Life buys Singlife shares from TPG, plans full ownership
The deal values Singlife at S$4.6b.
Christopher Albrecht takes seat as Sun Life S’pore’s CEO
Albrecht will lead the strategic and operational aspects of Sun Life Singapore's business.
Singapore’s top 50 insurers see 3.7% YoY asset decline in 2022
Experts’ industry outlook for 2023-2024 centres on digital evolution with AI, protection gaps, strategic partnerships, and resilience amidst...
Singlife unveils Connect 2.0 accelerator for insurtech boost
Connect 2.0 plans to back up to ten startups, focusing on co-creating and launching innovative embedded insurance solutions.
MAS seeks feedback on the proposed Policy Owners' Protection Scheme enhancement
The central bank plans to enhance the scheme’s coverage amongst others.
65% expect surge in insurance M&A in HK and S’pore for 2024: Survey
Diversified investments, consolidation, new tech, and emerging regulations drove this sentiment upward.
Zurich collaborates with APSN for adults with special needs training
It will provide vocational training opportunities for individuals with mild intellectual disabilities.
MS Amlin’s S’pore political risk team grows, treaty gets new hires
Nicole Tan has been promoted whilst Jinnan Tang and Sam Lim are new members of the team.
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SG60: What the next 10 years have in store for Singapore’s investment landscape