Singapore
Singlife joins Sumitomo Life as a fully-owned subsidiary
The transaction valued Singlife at $4.6b.
Only 15% of Singaporeans have adequate critical illness coverage
The Life Insurance Association recommends critical illness coverage 3.9 times the annual income.
LiquidX's Singapore entity obtains MAS insurance brokerage licence
LISS will help banks, asset managers, and corporates access trade credit insurance coverage.
Great Eastern floats free post-vaccine protection for Singapore residents
It extends a cash payout of S$200 per day of hospitalisation up to a total of S$2,000.
Carro floats AI-driven motor insurance plan
Covered is a pay-per-kilometre insurance and maintenance plan.
Moody's: MAS measures against erring insurers to boost client confidence
The overall business impact would be temporary because no further penalties were handed out.
eRemit Singapore, HLAS partner for insurance for migrant workers
eRemit Singapore is also expanding its remittance services to a business audience.
IP coverage extended to COVID vaccines under WHO's special access route
It will apply to vaccines administered in Singapore under SAR.
AIA Singapore extends COVID-19 benefits
Its IP coverage for vaccine complications now include those approved by WHO under EUL.
Singapore's MAS reprimands AIA FA, Prudential, Aviva FA & CEO for breach of rules
They failed to properly monitor individuals onboarded as advisors, directors.
Prudential Singapore, KidSTART extend nutrition programme
Beneficiaries have been receiving fresh produce since May this year.
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Indonesia enters era of digital insurance distribution
![Indonesia enters era of digital insurance distribution]()
Industry executives at Insurance Asia Forum 2024 push the digital mindset in developing an efficient ecosystem.
Industry executives at Insurance Asia Forum 2024 push the digital mindset in developing an efficient ecosystem.
