Insurance
MAS seeks feedback on the proposed Policy Owners' Protection Scheme enhancement
The central bank plans to enhance the scheme’s coverage amongst others.
MAS seeks feedback on the proposed Policy Owners' Protection Scheme enhancement
The central bank plans to enhance the scheme’s coverage amongst others.
65% expect surge in insurance M&A in HK and S’pore for 2024: Survey
Diversified investments, consolidation, new tech, and emerging regulations drove this sentiment upward.
Zurich collaborates with APSN for adults with special needs training
It will provide vocational training opportunities for individuals with mild intellectual disabilities.
MS Amlin’s S’pore political risk team grows, treaty gets new hires
Nicole Tan has been promoted whilst Jinnan Tang and Sam Lim are new members of the team.
Singlife boosts digital capabilities through partnership
Its collaboration with Qlik aims to elevate customer service and deliver better digital financial services.
MSIG S’pore launches anti-scam fix
The initiative is set to commence integration next month.
Everest builds Asia team with new S’pore CEO and a head of insurance
Swee Keong Mah will be the Singapore branch’s new CEO and will report to Tomi Latva-Kiskola, who has been appointed as head of Insurance Asia.
AIA Singapore announces leadership appointments
The key appointments were Irma Hadikusuma, Melita Teo, and Peter Lee.
Only one in 10 S’porean platform workers think about retirement planning: Survey
The Singlife survey also showed that only 17% of the respondents feel financially free.
Sun Life Singapore launches life insurance package for Prudential clients
SunBrilliance Indexed Universal Life will be the first universal life solution plan for PFA clients.
Singapore’s life insurance industry dips 9.7% in 9M23
The life insurance industry reported a YTD total of S$3.5b in weighted new business premiums.
WTW opens APAC Climate Risk Centre in Singapore
It concentrates on evaluating and quantifying both physical and transition climate risks.
ASEAN segments drive AIA’s Q3 VONB, jumps 35% YoY
VONB growth was observed in Mainland China, Hong Kong, ASEAN, and India.
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.
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