Insurance
Singlife becomes co-seed investor of BlackRock’s ETF
Singlife becomes co-seed investor of BlackRock’s ETF
The Climate Action ETF is valued at US$426m.
Home and auto insurance customer experience more flat in 2023: Forrester
There is a need for insurers to pivot or refresh their CX strategies to enhance competitiveness.
Critical illness protection gap shrinks whilst mortality coverage stays the same: Study
Despite the gaps recorded, the industry has performed better in 2022 than in 2017.
Great Eastern bridges sustainability and insurance through portfolio integration
The Singaporean insurer emphasised the role that sustainability compliance plays amongst insurers even as green investments face a supply-demand issue...
Chubb names two new division heads
They will both report to Hng Keng Yoong, Chubb’s Singapore president.
MAS-licenced MoneyOwl to wind down financial advisory business
The company found that its advisory business is not financially viable.
Prudential expands 39% YoY in new business profits for first semester
Outlook for the region remains mixed.
Great Eastern and Intellect launch 24/7 mental health helpline for employees
This provides employees with personalised and immediate guidance.
Prudential names new CEO for Eastspring Investments
In the near future, a new CIO will be appointed.
Gen ‘Z’ to change the course of insurance: Igloo
The emerging trends include embedded insurance, pet insurance, and gaming insurance.
SG’s Income Insurance, Swiss Re reveal first post-cancer term option
The coverage is available to patients aged 74 to 54 years old.
AIA sees new business value jump 37% YoY in the first semester
This was mainly driven by the economic reopening in China and Hong Kong.
Insurance is not top priority amongst Singapore’s Gen Zs and millennials: Poll
Only 20% have thought of retirement plans whilst 14% are interested in insurance.
Budget Direct Insurance offers free motor insurance
The promotion can potentially give a reduced premium or a cost-free insurance plan.
Singaporeans want more detailed insurance plans, 90% willing to share more data: Capco
Insurance policyholders want more personalised long-term savings products, life insurance, and health insurance.
Singlife’s investment arm to partner with BlackRock to boost wealth management offerings in Singapore
BlackRock will provide assistance with investment insights and advisor training.
FWD HealthFirst provides free medical teleconsultations for customers
The service also entails healthcare services at affordable prices.
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Commentary
SG60: What the next 10 years have in store for Singapore’s investment landscape