Singapore
MS First Capital Insurance’s underwriting drives consistent profitability
Shareholders’ equity, which reached $900m (S$1.2b) in 2023.
8 hours ago
MS First Capital Insurance’s underwriting drives consistent profitability
Shareholders’ equity, which reached $900m (S$1.2b) in 2023.
8 hours ago
Prudential launches AI lab in Singapore
Employees have submitted over 100 AI use cases since its soft launch in August.
1 day ago
Allianz-Income merger in limbo as parties weigh new rules
A CEO said there is no guarantee that any transaction will take place.
6 days ago
ICCSC launches plan to boost insurance trust in Singapore
Trust indicator scores for general insurers were between 73 and 76.
SG justifies blocking $2b capital withdrawal in Income-Allianz deal
This proposed extraction does not align with the representations made to MCCY.
CPFIS funds' annual returns rise to 14.71% in Q3
Its quarterly average return, however, fell to 2.54% from 3.11% in Q2.
Singlife’s new whole life plan offers additional cover of up to 400%
The plan also includes a Retrenchment Benefit.
SG expands MediShield Life healthcare coverage, raises premium subsidies
The government will expand coverage for mental health and outpatient services and provide premium top-ups.
SG life sector’s weighted new business premiums surge 24% YoY in 9M 2024
Q3 2024’s weighted new business premiums grew by 18.2% YoY.
SeaMoney and MSIG Singapore launch new travel insurance for SG-based travellers
The insurance also covers group travel.
Everest launches AI-powered health insurance in Singapore
The AI streamlines the matching of patients with physicians.
China Taiping Insurance sees robust capitalisation with TPG financial support
It is anticipated that CTPIS will build its life insurance segment over the medium term.
K-pop craze may spur demand for Income Insurance’s hourly travel cover
The Singaporean insurer is targeting spontaneous travellers who love concerts.
AIA Singapore, Whitecoat expand partnership to address healthcare affordability
Medical costs in Singapore are set to rise nearly 10.7% in 2024.
Only 56% of S’pore graduates see insurance as appealing career choice
Seven in 10 said there was limited career growth in the industry.
Humans need to be in insurance’s genAI loop
Employees still need to interpret AI-generated data and make decisions to minimise risks.
Income-Allianz failed merger shows popular opinion is king
The deal faced backlash from Singaporeans who thought it betrayed Income’s social mission.