Insurance

Singapore’s life insurance premium down 17% in the first half of 2023

Single-premium policy’s performance dragged the overall sector’s result.

Great Eastern reaches S$193.2m in profits for Q2

Its year-to-date profits reached S$437.2m.

Half of Singaporeans feel distant from achieving holistic goals

Three in five young consumers neglect to update their financial knowledge.

UOI net profit up 70.2% in H1 due to favourable investment markets

United Overseas Investment Limited (UOI) posted $12.15m net profit.

MAS imposes prohibition order against ex-Prudential rep for false invoices

Mengting submitted 11 false invoices to Prudential to aid her clients' accident injury claims.

Microsoft, Singlife push for AI adoption amongst insurers

Singlife is the first in its industry to collaborate with Microsoft for the programme in ASEAN.

Surer, Etiqa unveil digital motor insurance service

The partnership enables insurance intermediaries to distribute digitally.

P&C insurer puts up aviation hub in Singapore

Newly appointed Alastair Stuart will be the hub’s practice leader.

Manulife launches recognition scheme for top-performing consultants

Qualified participants will receive exclusive benefits, including dedicated underwriting support. 

Singapore’s Aspen names new head

The industry veteran has had expertise in the field for 23 years.

Singapore’s life insurance industry down in first quarter

Annual premiums surged 24.7% on a quarterly basis.

Singtel, Etiqa offers Singtel Bill Protect for retrenched Singaporeans

Eligible customers could use the insurance plan to cover accidental death.

Only 3 in 10 Singaporeans have a retirement plan

Surprisingly, the top personal finance goal of 63% of Singaporeans is to save for retirement. 

Manulife US Reit says lenders mainly from Singapore’s local banks

The life insurance company said none of its lenders is US-based.