Life insurance
Singapore life annuity insurance market to grow by $603m by 2028
Singapore life annuity insurance market to grow by $603m by 2028
The attractiveness of fixed annuities has been a key driver.
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.
Tokio Marine Singapore, T. Rowe Price partner on investment-linked plans
Clients will have access to two funds.
Life insurers eye growth in 2025: LIA
The push for innovative healthcare solutions amidst medical inflation is a challenge
Top 50 list shows worsening dip in Singapore’s insurance premiums
The thriving nonlife business offset life insurance’s poor showing in 2023.
Singapore’s life insurance slated for $43b premiums in 2029
Due to the ageing population, health awareness, and consumer spending.
ICCSC launches plan to boost insurance trust in Singapore
Trust indicator scores for general insurers were between 73 and 76.
SG life sector’s weighted new business premiums surge 24% YoY in 9M 2024
Q3 2024’s weighted new business premiums grew by 18.2% YoY.
New HSBC plan multiplies coverage up to six times
The plan also offers enhanced critical illness coverage.
New Singlife campaign offers up to 4.5% returns amidst inflation woes
It is available for the first S$10,000 in an account.
Singlife unveils life insurance plan without lifelong premium commitment
It offers a coverage plan until the age of 99.
SG's life insurance total weighted new business premiums surge 27% YoY in H1'24
Employment in the market was stable, a slight decrease of 0.5% versus last year.
Tokio Marine opens new financial advisory arm in Singapore
The life insurer aims to offer a more integrated financial service experience.
Singlife cuts costs by $4m yearly with AWS integration
At least 70% of its staff earned at least one AWS certification.
SG’s life insurers see 32.2% leap in new business premiums in Q1’24
This is equivalent to S$1.4b.
Singlife Philippines secures $10.7m for digital expansion
The capital injection will be used for platform enhancement, product innovation, and partnerships.
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