Insurance
UOI net profit up 70.2% in H1 due to favourable investment markets
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.
UNDP appoints MAS executive director as SIF chair
He replaces Bank of England’s Anna Sweeney.
Singapore's general insurance market rises 15% to $9.34b in 2022
The strong uptake in the domestic market contributed to the growth.
Koh Beng Seng bows out as Great Eastern chairman
He will step down from the post on 21 April.
Prudential’s new business profit drops to US$2.18b in FY22
The insurer attributed the decline to higher interest rates and business mix effects.
AIA Group VONB dips 5% YoY
But, its VONB for 2H2022 rose to 6%.
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