Singapore
AXA Singapore names new Managing Director for Retail and Health
Julien Callard has undertaken various roles in AXA Group since 2000.
AXA Singapore names new Managing Director for Retail and Health
Julien Callard has undertaken various roles in AXA Group since 2000.
Tokio Marine, Horangi partner for cybersecurity services
A cybersecurity insurance policy will be granted, with possible rebates.
AXA rolls out COVID-19 care package
Customers hospitalised due to the virus will receive $200 per day.
Gigacover extends COVID-19 coverage to freelancers, GoJek drivers
Income protection policies will cover stay home notices and leaves of absence.
Prudential Singapore commits $1.5m COVID relief package
Affected SME clients can defer their premium payments for up to three months.
Great Eastern's profit climbed 36% to $1b in FY2019
Profit from its shareholders’ fund surged 266% to $277m from higher valuation.
NTUC Income widens COVID-19 coverage to low-income Singapore households
The IFMIS provides a cash payout of $200 per day of hospitalisation.
Manulife Singapore commits $1m for enhanced COVID-19 coverage
A customer diagnosed with the virus will receive a one-time cash benefit of $1,500.
Asian insurtechs raised over $3b in 121 deals since 2015
Total capital raised jumped at a CAGR of 155.6% between 2016 and 2019 to over $970m.
Singapore's PDPC warns AXA, NTUC over data breaches
Policyholders' personal data were sent over emails to unintended recipients.
Singapore IPs, IP riders to cover nCov medical expenses
Many non-IP individual and group health insurance policies will also cover medical costs.
HSBC Life Singapore extends coronavirus benefits to customers
Customers may receive $1,000 in the event that they contract nCov in Singapore.
Singapore health insurance business premiums hit $465.7m in Q4 2019
IPs and IP rider premiums comprised $419.7m of the amount.
Singapore life insurance employment up 6% in 2019
Expertise in digitalisation transformation remains highly sought after.
Singapore life insurance business premiums up 0.4% to $4.3b in Q4 2019
Total sum assured for new businesses grew 7% YoY to $149.5b.
Tokio Marine Life Insurance floats coronavirus financial aid
Policyholders with in-force individual life policies can obtain a lump sum of $5,000.
Insurtech firms raise $1.1b in 53 transactions in 2019
$828.1m were raised in the top 10 deals, accounting for 74.7% of the total capital raised.
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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.
