Singapore

Vincent joined the insurer in 2019 as a general manager for its life business arm.

This enables HSBC to begin its insurance operations in Singapore.

The top 50 insurers saw 5.1% growth in 2021.

The role is for the insurer’s general insurance operations in the country.

Tapping into New Demographics and Giving Back to the Community.

The market share of the top five insurers grew by 3.2 percentage points in 2021.

Travel is expected to pick up as one in five said they plan to take a trip.

The Fraud Management System uses data analytics and AI that analyse suspicious claims. 

Higher taxes led to lower car sales in August.

However, take up for new policies picked up by 12.8% in the quarter.

The decline was due to lower valiant of investment in the shareholder’s fund.

The round was led by Dawn Capital.

The eGuarantee@Gov is available from over 20 financial institutions locally.

Deputy Prime Minister Lawrence Wong announced this during the SFF 2022.

Its subscription model gives another option for consumers that don’t want long contracts.

ILI products grew by 30% in 2021 and are expected to grow further by 9.8% this year.