Singapore
NRIC numbers invalid for key insurance transactions
NRIC numbers invalid for key insurance transactions
Reviews regarding the use of NRIC may result in changes to existing processes.
1 day ago
2025 salary hikes expected in Singapore's insurance sector
Those in lower-value administrative functions may experience a more modest increase of 10%-15%.
2 days ago
SG's Central Provident Fund updates interest rates, Basic Healthcare Sum for 2025
BHS for members below 65 will increase from $52,929 to $55,890.
3 days ago
Allianz bids Income Insurance 51% takeover goodbye
The move follows changes to the Insurance Act announced last 14 October.
4 days ago
AIA Singapore elevates industry standards with triple win at Insurance Asia Awards 2024
Highlighting its innovative approach to the ageing population, digital transformation, and international insurance market leadership.
5 days ago
Allianz may drop $1.63b bid for Income Insurance: Report
Sources familiar with the matter told Bloomberg.
5 days ago
Singapore Re sees positive shift in underwriting
Thanks to favourable claims experience and business growth.
Singlife Connect 3.0 launched to build 'Beyond Insurance' ecosystem
It seeks to create integrated solutions in health, lifestyle, and financial literacy amongst others.
Manulife SG unveils two industry-first collaboration for cancer care, gut health
It will offer liquid biopsy for cancer care and gut health screening.
Singlife appoints Amundi for its low carbon transition strategy
The company will allocate 20% of its public equities for Amundi to manage.
Singapore’s general insurance industry to grow 6.2% CAGR by 2029
The industry is expected to expand by 8.0% in 2024.
Top 50 list shows worsening dip in Singapore’s insurance premiums
The thriving nonlife business offset life insurance’s poor showing in 2023.
MSIG, Silversky and Stere Asia partner for pet insurance offering
Silversky Protect is underwritten by MSIG.
SG insurers see growth in new business premiums and asset holdings
However, higher interest rates could constrain new business growth and increase policy redemptions.
7 in 10 Gen Zs doubt health in old age
Prudential emphasised the role of financial planning to manage future healthcare costs.
MAS updates rules on life insurance product launches
The changes aim to ensure adequate regulatory oversight.
Singapore’s life insurance slated for $43b premiums in 2029
Due to the ageing population, health awareness, and consumer spending.