Singapore
Singapore’s property insurance sees rate cuts in Q4
Singapore’s property insurance sees rate cuts in Q4
The rates are available for risks with favourable loss ratios and strong risk management.
2 hours ago
Markel announces new head of marine liabilities for Singapore
She previously worked at Munich Re Specialty.
3 hours ago
Igloo multiplies partnerships across SEA, new chief distribution offier
Sasitharan Krishnan has over 30 years of experience in insurance distribution.
1 day ago
Why a third of Singaporean SMEs don’t use cyber insurance
Amongst those without coverage, half considered purchasing a policy.
2 days ago
UOI proposes $8.9m final and special dividends for FY2024
If approved, the dividends will be paid on 16 May.
4 days ago
Singapore's life insurance workforce shrinks by 2.3% in 2024
Higher demand was noted in integrated shield plans and riders coverage.
How did Singapore’s life insurers fare in 2024?
The industry's growth was influenced by higher demand for annual premium products.
QBE underwrites CyberFender for Singapore SMBs protection
It protects against security breaches, interruptions, and cyber extortion.
36% of Singaporeans opt for extra coverage beyond work insurance
However, 90% of Singaporeans already own medical insurance.
60% of Singaporeans overlook sustainability in finance
Only a fifth of respondents are aware of investment products linked to sustainability.
Meeting evolving needs: How innovation will continue to drive insurance growth in 2025
The industry is projected to continue a growth momentum this year.
4 in 5 S’poreans prioritise financial control as economic sentiment looms
Inflation and cost of living remain the top economic concern for Singaporeans.
MS Amlin boosts Phoenix Re Capacity to $9m for APAC reinsurance
This marks a 12.5% from 2024.
Acclaim Insurance Brokers, CyberCube partner for cyber insurance
The broker’s CEO said it would let the company deliver informed cyber risk advice.
Ageing populations and rising mortality main concerns for life insurers and reinsurers
In 5 years, one in four Singaporeans will be over the age of 65.
Great Eastern exploring options for free float requirements compliance
SGX gave the insurer until 25 May.
Singlife’s profits to slowly improve: Fitch Ratings
Its H1 2024 earnings rebounded from a loss in 2023.
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Ageing populations and rising mortality main concerns for life insurers and reinsurers