Insurance
AIA Singapore, Whitecoat expand partnership to address healthcare affordability
AIA Singapore, Whitecoat expand partnership to address healthcare affordability
Medical costs in Singapore are set to rise nearly 10.7% in 2024.
Only 56% of S’pore graduates see insurance as appealing career choice
Seven in 10 said there was limited career growth in the industry.
Singapore blocks Income-Allianz deal due to social concerns
Government cites public interest and social mission concerns.
UOI profit before tax decline 2% to $22.1m in 9M2024
Still, its insurance revenue rose by 14% to $79.4m.
Great Eastern gets more time from SGX to restore public float
It has until January 2025 to meet the listing requirement.
High-income S’poreans grapple with retirement planning amidst rising financial needs
High-income retirees were overwhelmed by the rising cost of living and family support expenses.
Financial and planning gaps leave Singaporeans unprepared for retirement: report
Nearly half of Singaporeans start retirement planning too late.
Singapore amends insurance bill post-Allianz deal
Key concern raised by the MCCY is the terms and structure of the deal.
Specialist Risk Group expands to Asia, sets base in Singapore
A non-executive director has been appointed.
MediShield Life to hike premiums, claim limits, and coverage by 2025
The government will provide $4.1b for these enhancements.
NTUC Income ex-CEO backs gov’t decision to halt $2.2b Income-Allianz deal
The government cited public interest concerns for calling the deal off.
Income-Allianz deal off on social concerns, says Singapore
The gov’t found no binding provisions in the deal to safeguard social mission post-acquisition.
New HSBC plan multiplies coverage up to six times
The plan also offers enhanced critical illness coverage.
Singlife, SAL launch mental health scheme for lawyers
The programme will be offered to more than 13,000 legal professionals.
Manulife integrates GenAI in contact centres, rollout starts in Singapore
About 68% of agents used the tool within two weeks of its pilot launch.
A quarter of Singaporeans yet to start planning for retirement
They also project an expenditure of less than $6,000 per month.
MSIG launches new health policy CriticalCare Plus
This covers Parkinson’s and Alzheimer's, among other CIs
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