Insurance
Manulife Singapore targets rapidly growing high-net-worth market
Manulife Singapore targets rapidly growing high-net-worth market
New data suggests young beats old in appetite for investments.
Prudential’s new business sees 37% profit growth IN 9M23
It grew to $2.14b, year-to-date.
20% of Singapore’s motor insurance claims are fraudulent – GIA
One of the biggest insurance frauds in Singapore falsely claimed about S$1.6m.
MSIG bolsters EV coverage in Singapore
Electric vehicle usage in Singapore surged 200% since 2021.
Great Eastern profit attributable to shareholders grew 21% in Q3
It increased to $180.2m.
CapitalSG acquires majority stake in a digital health and insurance company
As part of the investment, BIMA MILVIK's holding company has relocated from Sweden to Singapore.
United Overseas Insurance’s profit more than doubles in 9M23
Year-to-date, net earnings reached S$18.3m in September versus the S$8.2m last year.
SG’s bolttech partners with Three Sweden for gadget protection
The insurance is underwritten by AIG.
Liberty Mutual Re names Alex Koh as senior underwriter in Singapore
Koh will be managing and expanding LM Re's existing reinsurance portfolio.
Singapore’s general insurance industry to hit S$7.35b in 2028
The industry will grow at a compound annual growth rate (CAGR) of 5.8%.
One in four young seniors do not have a ‘robust retirement plan’: study
Research on Successful Ageing (ROSA) said only 27% have a “robust retirement plan.”
AXA XL boosts Singapore team
Her role as an underwriter will oversee the management of risks in political violence and terrorism.
Singlife selects consulting firm for asset allocation
The homegrown insurer is looking to sophisticate its asset allocation strategies with Ortec Finance.
2-speed system emerges in Asia-Pacific insurance markets
Analysts said that investments have been significantly beneficial to insurers, most especially in Singapore and China.
Income Insurance unveils mental wellness insurance plan
Subscribers must be recommended by a psychiatrist to undergo psychotherapy.
Singlife introduces upgraded plans for policyholders with mild disability
The upgraded plans are measured by the customer’s ADL performance.
Great Eastern subsidiaries propose acquisition of AmMetLife Insurance
The firm wants 100% of shares in AmMetLife Insurance and AnMetLife Takaful.
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