Singapore

S’porean vehicle owners can access accident reports via new service

Vehicle owners can purchase a report for S$90 each.
1 day ago

S’porean vehicle owners can access accident reports via new service

Vehicle owners can purchase a report for S$90 each.
1 day ago

Market Saturation and Competition: Obstacles in Singapore's Insurance Sector

There are five key challenges the Singaporean insurance landscape needs to address.
5 days ago

Higher interest rate risk pressures HSBC Life SG's capital buffers

S&P Global Ratings expects the insurer’s relationship with its parent company will remain strategic due to its regional exposure.
5 days ago

S&P expects Tokio Marine Insurance Singapore to sustain market presence

It is also projected to maintain its significance within Tokio Marine Group.
6 days ago

Great Eastern's Q4 sales surge ‘read across’ to AIA, Prudential

Jefferies Equity Research said bancassurance played a significant role in driving this growth.
6 days ago

Budget Direct Insurance celebrates seven years

CEO Birch spearheaded the formation of DirectAsia Insurance in collaboration with the Whittington Group.

Singlife ramps up interest rates of flagship digital savings plan

Half of Singaporeans find it hard to meet conditions for maximum interest rates on savings accounts. 

United Overseas Insurance profits surge 55% YoY FY’23

Earnings per share during the year was 47.85 Singaporean cents.

Transamerica Life Bermuda unveils improved HNW plan

It also offers a variety of index account options, including a focus index account tracking major indices' performance,

S’pore Reinsurers’ Association becomes founding member of global advisory council

The council aims to increase efficiencies and digital readiness among stakeholders.

KoverNow to incentivise policies, 15 Max Miles for every SGD spent

The insurtech partnered with Max Miles to reward purchases of travel and items coverage.

S’pore’s life industry dips 3.9% YoY in weighted new business premiums 2023

Fourth quarter 2023 saw an increase in the uptake of both annual and single-premium products.

Singaporeans struggle with critical illness coverage despite reduction in protection gap

AIA SG’s chief marketing and proposition officer expects insurers to keep up with consumer demands better in 2024.

S’pore regulator proposes simplified process for affordable insurance policies

MAS now proposes to reduce information requirements for term life insurance and standard critical illness policies.

Etiqa Singapore rolls out pet insurance offering S$15,000 surgery cover

The plan covers congenital and hereditary diseases, accidents, and surgeries.

MS Amlin renews Singapore Cat Bond

The development comes after the increasing natural disaster risk environment in the region.

Budget Direct Insurance eases GST burden, also adopts Singpass Mobile

E-vouchers with 9% GST savings will be offered when customers purchase a new car or motorcycle plan online.