Insurance
MAS-licenced MoneyOwl to wind down financial advisory business
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.
Singlife bolsters healthcare plan solutions through partnership
Policyholders will have direct access to IHHSG's network of hospitals and specialist clinics.
Singapore’s life insurance premium down 17% in the first half of 2023
Single-premium policy’s performance dragged the overall sector’s result.
SG Insurance Institute reveals new council for 2023-2024
The SII’s new president is Sunny Verma.
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.
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