Singapore

Income Insurance unveils mental wellness insurance plan

Subscribers must be recommended by a psychiatrist to undergo psychotherapy.

Income Insurance unveils mental wellness insurance plan

Subscribers must be recommended by a psychiatrist to undergo psychotherapy.

Singlife introduces upgraded plans for policyholders with mild disability

The upgraded plans are measured by the customer’s ADL performance.

Great Eastern subsidiaries propose acquisition of AmMetLife Insurance

The firm wants 100% of shares in AmMetLife Insurance and AnMetLife Takaful.

Pearlyn Phau believes in Singaporeans being the boss of their own financial freedom

Singlife’s group CEO touched on Singapore’s complex insurance market as well as its pain points as a society in the digital age.

McLaren Singapore grows specialist leadership team

He has three decades of loss-adjusting knowledge and experience.

Study shows how resilient Singaporeans are: Income Insurance

Overall, Singaporeans were marked as resilient in wellbeing but could still be nurtured.

Singlife’s rebranded investment platform allies with BlackRock to produce tri-offering

More investment solutions are to be expected in the coming months.

New framework catapults Singapore’s insurance sector resilience: S&P Global Ratings

Although the framework could raise operational costs, it will run some benefits.

Singlife inks deal with AIC, Homage for long-term care

Singapore is currently facing the challenge of rapid aging.

MAS unveils list of too-big-to-fail insurers, imposes higher capital requirements

The four initial insurers are to face a 25% capital add-on, boosting higher and lower supervisory intervention levels, CET1 and  Tier 1.

Great Eastern collaborates with telco for home insurance plan

The insurer and Singtel unveiled a plan which covers various residential housing types.

SG’s property insurance to stay afloat in 2023 – GlobalData

Disciplined underwriting and well-diversified portfolios will support profitability, an analyst said.

Sumitomo Life buys an additional stake in Singlife

The transaction is still subject to regulatory approval.

Singlife becomes co-seed investor of BlackRock’s ETF

The Climate Action ETF is valued at US$426m.

Home and auto insurance customer experience more flat in 2023: Forrester

There is a need for insurers to pivot or refresh their CX strategies to enhance competitiveness.

Prudential SG introduces easy way to switch plans

Eligible policyholders can take advantage of the feature from 1 Sept. to 31 Dec.

Critical illness protection gap shrinks whilst mortality coverage stays the same: Study

Despite the gaps recorded, the industry has performed better in 2022 than in 2017.