Singapore

Soaring insurance costs signal pressure on 2026 premiums in Singapore

Healthcare inflation rose to 4.0% year on year, up from 1.4% in September.
1 day ago

Remote job demand in Singapore insurance rises 15.3%

However, the overall job postings growth was offset by declines from the insurance sector.
1 day ago

Insurers in Singapore show more anxiety to threats than global average: study

They are concerned with rising cybercrimes, AI risks, and macroeconomic uncertainty.
3 days ago

Singlife, Lion Global Investors launch physical gold fund in Singapore

All gold holdings are insured and stored in vaults in the city.
4 days ago

Singapore’s non-life insurers see growth as offshore business expands

However, competition from global carriers continues to squeeze margins.

Affluent individuals in Singapore boost insurance use in legacy plans

61% of Singapore’s wealthy plan to use financial assets, including life insurance.

Singlife, CIMB Singapore extend partnership for SME protection

The initiative aims to reach at least 30,000 retailers through its partner network.

Singapore insurers face rising claims with medical costs set to climb

57% of insurers expect further increases in medical cost over the next three years.

Insurers must expand cyber protection as Singapore shipowners upgrade security

Insurers must update underwriting as cyber navigation disruptions rise.

3 in 5 Singaporeans worried they can’t afford vital medical care

There is also uncertainty over where to seek treatment adds to the problem.

How did Singapore's life insurance sector perform year-to-date?

Business premiums for life insurance recorded $4.76b, whilst integrated shield plans accounted $496.5m.

Chubb Life Hong Kong first to launch dementia insurance plan

The policy targets rising elderly care and caregiver support demand.

China Taiping Insurance SG unveils two universal life plans for HNWIs

The indexed account will have returns linked to the performance of two indices.

Lioner International expands Singapore base amidst growing client demand

The move is expected to accelerate its regional growth. 

MAS says insurance disputes rare with most resolved by mediation

FIDReC completed an average of 246 mediation and adjudication cases.

What will drive Singapore’s general insurance market to bag $6.5 by 2030?

PA&H market alone is projected to make up a fourth of the sector’s total premiums.