Singapore
AIA S’pore launches Ultimate Critical Cover, S’poreans feel ‘inadequately protected’
A study was conducted which showed that respondents consider a median payout of $100,000 sufficient, short of the recommended $300,000 by LIA.
AIA S’pore launches Ultimate Critical Cover, S’poreans feel ‘inadequately protected’
A study was conducted which showed that respondents consider a median payout of $100,000 sufficient, short of the recommended $300,000 by LIA.
Fitch Ratings expects Singlife acquisition to boost Sumitomo Life’s credit profile
The acquisition is still subject to regulatory approval in Japan and Singapore.
37% of S’porean businesses plan to explore coverage amidst high-risk environment
Cyber risk remains the primary concern of executives.
Rising S’pore EV registrations prompt insurers to evaluate premiums and coverage
Plugging into Lion City’s 80% emission cut goal, EVs bring progress and new risks for motorists.
Allianz S’pore will improve premiums in the next two years – S&P Global Ratings
Problems may still rise if the insurer deviates from strategise or faces funding challenges.
Sumitomo Life buys Singlife shares from TPG, plans full ownership
The deal values Singlife at S$4.6b.
Christopher Albrecht takes seat as Sun Life S’pore’s CEO
Albrecht will lead the strategic and operational aspects of Sun Life Singapore's business.
Singapore’s top 50 insurers see 3.7% YoY asset decline in 2022
Experts’ industry outlook for 2023-2024 centres on digital evolution with AI, protection gaps, strategic partnerships, and resilience amidst challenges.
Provident Insurance management competence to drive operations, products: AM Best
PICL's operating performance is deemed adequate.
Singlife unveils Connect 2.0 accelerator for insurtech boost
Connect 2.0 plans to back up to ten startups, focusing on co-creating and launching innovative embedded insurance solutions.
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.
AIA Singapore announces leadership appointments
The key appointments were Irma Hadikusuma, Melita Teo, and Peter Lee.
MAS reminds insurers about guidelines on fair practices for PWDs
MAS said efforts will be made to withdraw the reservation on Article 25(e) of the UN Convention on the Rights of Persons with Disabilities.
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.
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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.
