MAS
The Monetary Authority of Singapore (MAS) is Singapore’s central bank and integrated financial regulator. MAS also works with the financial industry to develop Singapore as a dynamic international financial centre.
See below for the Latest MAS News, Analysis, Profit Results, Share Price Information, and Commentary.
Singaporeans can now access consolidated views of their insurance policies
Deputy Prime Minister Lawrence Wong announced this during the SFF 2022.
Singaporeans can now access consolidated views of their insurance policies
Deputy Prime Minister Lawrence Wong announced this during the SFF 2022.
MAS charges insurance agents for breach of Financial Advisers Act
Their offences included falsification and providing false information.
MAS bans ex-OCBC representative for fraud and dishonesty
She has been handed a five-year prohibition order.
MAS monitors 20% health insurance complaints made due to unsuccessful claims
The majority of the complaints were concerned with treatments not being covered.
MAS zeroes in on digitalisation to strengthen financial resilience
A MAS executive warns of increased cyber attacks against insurers.
Thought Leadership Centre
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1. bolttech secures $50m venture debt from HSBC, expands market 2. Life insurance premiums forecast to grow by 3% yearly until 2026 3. Prudential launches AI lab in Singapore 4. Manulife enters into $5.4b reinsurance agreement with Reinsurance Group of America 5. Asia leads in embedded insurance, set to reach $170b by 2030Resource Center
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Humans need to be in insurance’s genAI loop
![Humans need to be in insurance’s genAI loop]()
Insurance
Employees still need to interpret AI-generated data and make decisions to minimise risks.
Employees still need to interpret AI-generated data and make decisions to minimise risks.
