Insurance

QBE underwrites CyberFender for Singapore SMBs protection

It protects against security breaches, interruptions, and cyber extortion.

36% of Singaporeans opt for extra coverage beyond work insurance

However, 90% of Singaporeans already own medical insurance.

1 in 2 S’poreans turn to insurance for financial security

For 2025, 22% of residents are expected to spend more on insurance.

4 in 5 S’poreans prioritise financial control as economic sentiment looms

Inflation and cost of living remain the top economic concern for Singaporeans.

Etiqa launches Singapore’s first takaful insurance product in years

Demand for Islamic financial products from the Middle East and Southeast Asia is growing.

Life insurers eye growth in 2025: LIA

The push for innovative healthcare solutions amidst medical inflation is a challenge

Budget Direct unveils new commercial vehicle cover

Customers can opt for the benefit of vehicle repairs at their preferred location.

MSIG taps Inova Care for health portfolio management

The partnership aims to address the country’s double-digit medical inflation.

WTW launches cyber insurance facility in Singapore, Hong Kong

AI was ranked amongst the top five emerging risks in Asia.

Personal accident, health insurance market to exceed $8.5b by 2029

In 2024, PA&H insurance growth is forecast at 8.9%.

Etiqa, Maybank launch Singapore's first Takaful in 10 years

The plan combines ethical investment options with flexible wealth accumulation.

OCBC Bank sells 33% stake in Hong Kong Life

The agreed sale price is HK$589.3m ($103m)

NRIC numbers invalid for key insurance transactions

Reviews regarding the use of NRIC may result in changes to existing processes.

Allianz bids Income Insurance 51% takeover goodbye

The move follows changes to the Insurance Act announced last 14 October.