Insurance
Specialist Risk Group launches Asia operations with Singapore office
Specialist Risk Group launches Asia operations with Singapore office
The company plans to apply its UK and Ireland business model to the region.
Prudential Singapore launches Wealth Suite for high net worth clients
From 2023 to 2024, the insurer saw a 16% rise in its HNW customer base.
Manulife unveils IUL product tied to S&P 500 returns
Over half of HNWIs said they prioritise customisable payout features
Singapore general insurance increases 6.3% YoY in 2024
Underwriting profit also rose by 5.6% YoY.
Manulife unveils plans with up to 400% critical illness payouts
One of its plans covers 126 critical illnesses and conditions.
bolttech appoints new non-executive director
She brings over a decade of experience in private equity and technology investments.
Rethinking insurance for the masses
Whilst the Singapore government's measures provide some relief, finances remain a key concern.
AIA Singapore reports 15% rise in VONB for FY 2024
Annualised New Premium also rose by 52% YoY.
MSIG USA expands political risk insurance with Asia partnership
This combines MSIG USA’s underwriting expertise with regional market knowledge.
Singapore life annuity insurance market to grow by $603m by 2028
The attractiveness of fixed annuities has been a key driver.
Great Eastern’s FY 2024 earnings surge 30% YoY
EPS was at S$2.10.
Manulife, Maybank unveil new retirement investment plan
The plan utilised a glide path approach, which adapts to a client's evolving needs.
Singapore’s general insurance market slated for 6.4% in 2025
Thanks to regulation, economic growth, and demand for private health insurance.
Why a third of Singaporean SMEs don’t use cyber insurance
Amongst those without coverage, half considered purchasing a policy.
UOI proposes $8.9m final and special dividends for FY2024
If approved, the dividends will be paid on 16 May.
Singapore's life insurance workforce shrinks by 2.3% in 2024
Higher demand was noted in integrated shield plans and riders coverage.
How did Singapore’s life insurers fare in 2024?
The industry's growth was influenced by higher demand for annual premium products.
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