Singapore
Limited scale and geography constrain Provident Insurance’s business profile
Limited scale and geography constrain Provident Insurance’s business profile
AM Best sees PICL’s operating performance as adequate.
1 day ago
S&P cites ongoing group backing for Sing Re’s stability
The agency noted that the guarantee only applies to reinsurance obligations.
2 days ago
HDI Global names Peter Schraa as head of marine in Singapore
Schraa is tasked with further developing the insurer’s marine portfolio in the city.
4 days ago
Income Insurance cuts data investigation time from hours to minutes
It will also improve overall productivity.
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.
Remote job demand in Singapore insurance rises 15.3%
However, the overall job postings growth was offset by declines from the insurance sector.
Insurers in Singapore show more anxiety to threats than global average: study
They are concerned with rising cybercrimes, AI risks, and macroeconomic uncertainty.
Singlife, Lion Global Investors launch physical gold fund in Singapore
All gold holdings are insured and stored in vaults in the city.
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.
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AI isn’t replacing insurance, it’s finally making it work