Singapore
Great Eastern crafts insurance package for special needs children
Upon the parents’ demise, the payout from the insurance goes to the children’s SNTC trust fund.
Great Eastern crafts insurance package for special needs children
Upon the parents’ demise, the payout from the insurance goes to the children’s SNTC trust fund.
NTUC Income converts from co-op to corporation
The move comes amidst further increase in competition in the market.
NTUC Income offers bonus coverage for ‘younger’ consumers
The newest product calculates biological age to give bonus insurance coverage.
Singapore general insurers to end COVID-19 relief measures
The sector-wide financial relief measures will conclude on 31 December 2021.
Chubb reshuffles leadership in Asia
New leaders were appointed for Singapore and Hong Kong.
LIA and IMAS relaunches national funds data platform
The new platform has been made user-friendly with several features added.
Microinsurance: More than meets the eye for insurers
The impact of COVID-19 has exemplified the need to insure against individual and business risks of various kinds. At the same time, changing consumer behaviour is leading to varied demands of risk protection that are not limited to life, accident or health coverage.
Chubb names Singapore division head of international line
The new Singapore head has been with Chubb since 2014.
Richmond Reinsurance Brokers enters Taiwan market
The Singapore-based reinsurance broker has set up a new subsidiary in the country.
Mitsui & Co. acquires majority stake in Singapore broker PHA
Mitsui plans to rebrand the Singaporean broker.
Millennials are Singapore's new ‘sandwich generation’: survey
The youngest millennials are now part of the workforce.
Singapore general insurance industry to skyrocket to $4.2b by 2025
It is expected to grow at a compound annual growth rate of 5%.
FWD Singapore and Surer launches maid insurance plan
Customers can pick and choose from a list of 10 product features based on their needs.
Gallagher hires new senior execs to supercharge Asia growth
Thomas Wang and Leng Leng Ng will lead Asia and Singapore.
Singapore life insurance sales skyrockets by 38% to S$4.11b
Sale of single-premium products surged to 28% for Q3.
LIA backs government’s new process for claims disputes
The Clinical Claims Resolution Process was established on 9 November.
Only 1 in 10 Singapore millennials has their gadgets insured: survey
This is despite almost 80% saying they would be distressed if they lose their gadgets.
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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.
