Singapore
AIA Singapore reports 15% rise in VONB for FY 2024
AIA Singapore reports 15% rise in VONB for FY 2024
Annualised New Premium also rose by 52% YoY.
HL Assurance introduces faster flight delay payouts for travelers
The company is the first insurer in Singapore to offer this combination.
Singapore life annuity insurance market to grow by $603m by 2028
The attractiveness of fixed annuities has been a key driver.
Singapore moms juggle family tasks and money matters
Their finances have improved relative to when their mothers were their age.
Singlife’s new endowment plan allows add-on savings
The plan guarantees 100% capital protection at maturity.
Singlife Financial Advisers unveils new CEO
Before this role, he held leadership positions at Singlife and Aviva Singapore.
Singaporean women feel more financially secure than past generations: survey
Only 12% expect full financial support from their own children as they age.
Markel appoints new marine hull and war lead in Singapore
He joins the company after nearly two decades with MS First Capital Insurance.
Great Eastern reduces stake in Boost Holdings
This was a result of an increase in BHSB's issued and paid-up share capital.
Manulife, Maybank unveil new retirement investment plan
The plan utilised a glide path approach, which adapts to a client's evolving needs.
Singapore’s general insurance market slated for 6.4% in 2025
Thanks to regulation, economic growth, and demand for private health insurance.
Singapore’s property insurance sees rate cuts in Q4
The rates are available for risks with favourable loss ratios and strong risk management.
Markel announces new head of marine liabilities for Singapore
She previously worked at Munich Re Specialty.
Igloo multiplies partnerships across SEA, new chief distribution offier
Sasitharan Krishnan has over 30 years of experience in insurance distribution.
Why a third of Singaporean SMEs don’t use cyber insurance
Amongst those without coverage, half considered purchasing a policy.
UOI proposes $8.9m final and special dividends for FY2024
If approved, the dividends will be paid on 16 May.
Singapore's life insurance workforce shrinks by 2.3% in 2024
Higher demand was noted in integrated shield plans and riders coverage.
Commentary
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