Singapore
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.
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.
Etiqa set for growth after being named HDB fire insurer in Singapore
The company is banking on the city-state’s 1.11 million flats to boost fire insurance sales.
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.
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.
MSIG teams with Thriwe to boost travel insurance perks for customers
It will offer single-trip and annual travel insurance plans departing from Singapore.
Bridge Specialty Int’l completes acquisition of Acorn Int’l
It said the acquisition expands its footprint in Singapore.
What two challenges impede the finance sector’s ESG goals?
Industry experts agreed that the sector must aim for objectives that extend beyond immediate business interests.
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.
HSBC Life Singapore bolsters executive team
Both roles will report directly to CEO Harpreet Bindra.
Manulife integrates GenAI in contact centres, rollout starts in Singapore
About 68% of agents used the tool within two weeks of its pilot launch.
AIA SG expands mental health coverage for corporate insurance policies
Over 1.3 million employees are expected to benefit from the expanded policies.
Income Insurance introduces new EV plan, ‘range anxiety’ coverage
The plan has optional coverage for private charging stations up to $3,880.90.
A quarter of Singaporeans yet to start planning for retirement
They also project an expenditure of less than $6,000 per month.
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Insurers need cultural overhaul in digital push
![Insurers need cultural overhaul in digital push]()
Digitalisation seeks to simplify processes, not complicate things.
Digitalisation seeks to simplify processes, not complicate things.
