Insurance

Seven out of 10 workers are stressed amid lack of employer support

The support for mental health has diminished as businesses shift focus post-pandemic, despite continued high stress levels among workers. 

Seven out of 10 workers are stressed amid lack of employer support

The support for mental health has diminished as businesses shift focus post-pandemic, despite continued high stress levels among workers. 

Budget Direct Insurance eases GST burden, also adopts Singpass Mobile

E-vouchers with 9% GST savings will be offered when customers purchase a new car or motorcycle plan online.

Kita extends carbon insurance specialities in Singapore

It aims to offer carbon insurance products that aid carbon projects, carbon credit buyers, and intermediaries in the market.

HDI Global gets new SG branch managing director

Alex Tarantino will take the role of managing director for the SG office, whilst Andrew Cochrane will take over his current role.

Bridge Specialty International acquires Singaporean insurance brokerage business

The transaction is expected to finish in the first quarter of 2024.

S’pore-based Igloo expands Weather Index Insurance coverage in Vietnam

The insurance will be integrated with Mobifone's agricultural application, MobiAgri.

Income Insurance shares enter private securities exchange through partnership

Digital securities exchange for alternative assets in Southeast Asia, Alta, has partnered with PhillipCapital to launch this new venture.

WTW reveals two new appointments in Singapore team

Ernest Heng has been appointed as the head of specialty whilst David Ng as head of client services in Singapore.

SG promotes proper culture and conduct amongst general insurers

The ICCSC hopes to ensure that general insurers maintain and improve professionality to grow customer’s trust.

AIA S’pore launches Ultimate Critical Cover, S’poreans feel ‘inadequately protected’

A study was conducted which showed that respondents consider a median payout of $100,000 sufficient, short of the recommended $300,000 by LIA.

Fitch Ratings expects Singlife acquisition to boost Sumitomo Life’s credit profile

The acquisition is still subject to regulatory approval in Japan and Singapore.

Allianz S’pore will improve premiums in the next two years – S&P Global Ratings

Problems may still rise if the insurer deviates from strategise or faces funding challenges.

Christopher Albrecht takes seat as Sun Life S’pore’s CEO

Albrecht will lead the strategic and operational aspects of Sun Life Singapore's business. 

Singapore’s top 50 insurers see 3.7% YoY asset decline in 2022

Experts’ industry outlook for 2023-2024 centres on digital evolution with AI, protection gaps, strategic partnerships, and resilience amidst...

Singlife unveils Connect 2.0 accelerator for insurtech boost

Connect 2.0 plans to back up to ten startups, focusing on co-creating and launching innovative embedded insurance solutions.