Singapore
Everest launches AI-powered health insurance in Singapore
The AI streamlines the matching of patients with physicians.
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.
Trust Bank, Income Insurance rolls out new travel insurance
It offers coverage for unused entertainment tickets, and shopping and baggage coverage.
Investors told to buy and hold: AIA
Short-term market events should not distract one’s investment goals in the long run.
High-income S’poreans grapple with retirement planning amidst rising financial needs
High-income retirees were overwhelmed by the rising cost of living and family support expenses.
Financial and planning gaps leave Singaporeans unprepared for retirement: report
Nearly half of Singaporeans start retirement planning too late.
Singapore amends insurance bill post-Allianz deal
Key concern raised by the MCCY is the terms and structure of the deal.
Etiqa set for growth after being named HDB fire insurer in Singapore
The company is banking on the city-state’s 1.11 million flats to boost fire insurance sales.
Specialist Risk Group expands to Asia, sets base in Singapore
A non-executive director has been appointed.
MediShield Life to hike premiums, claim limits, and coverage by 2025
The government will provide $4.1b for these enhancements.
Income-Allianz deal off on social concerns, says Singapore
The gov’t found no binding provisions in the deal to safeguard social mission post-acquisition.
MSIG teams with Thriwe to boost travel insurance perks for customers
It will offer single-trip and annual travel insurance plans departing from Singapore.
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1. Aon to acquire Mitsubishi Chemical Group’s insurance agency 2. Health insurance payouts rise 30% in India 3. Sun Life HK, HKMC partner to promote flexible retirement planning programmes 4. ASEAN insurers struggle with quality, and accessibility in healthcare 5. China's personal insurance sector to grow 5% to 10% annuallyResource Center
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Humans need to be in insurance’s genAI loop
![Humans need to be in insurance’s genAI loop]()
Insurance
Employees still need to interpret AI-generated data and make decisions to minimise risks.
Employees still need to interpret AI-generated data and make decisions to minimise risks.
