Singapore
Singapore’s life insurance industry down in first quarter
Annual premiums surged 24.7% on a quarterly basis.
Singapore’s life insurance industry down in first quarter
Annual premiums surged 24.7% on a quarterly basis.
FWD Singapore unveils first participating fund
It plans to encourage customers to invest in a passive income stream.
Great Eastern posts S$244m in Q1 profits
Total weighted new sales, however, declined by 22% during the year.
HSBC Singapore, MSIG enter 15-year bancassurance partnership
MSIG will distribute commercial and personal insurance solutions to HSBC’s SG customers.
NorthStandard opens Asia HQ in Singapore
The new HQ shows the firm’s continued service post-merger.
Prudential debuts financial advisory arm
The firm will be managed by industry veteran Bernard Chai.
FWD Singapore enhances home insurance offering with cyber fraud protection
More than a third of scams in Singapore involves data stealing and online shopping.
TMLS appoints two new C-suites execs
Both appointees have experience in senior leadership roles.
Singapore’s life insurance industry to be worth S$100.4b in 2027
Demand for whole life insurance has risen due to a pandemic-induced awareness.
AIA appoints Alvin Fu as new chief distribution officer
He succeeds Chin Chung Wan, who is retiring.
Assure Singapore now a direct insurance broker
Presently, the company offers motor, accident, home, maid and travel insurance.
Singlife reveals new Cancer Cover Plus with $1.5m coverage
It is a unique supplementary product to Medisave-approved plans.
Surer launches a personal website builder feature for insurance intermediaries
The feature enables individual insurers to market their professional profile.
Coface appoints new Singapore country manager
She has been with Coface since 2019.
Only 35% of Singaporeans have retirement plans
Rising costs of goods and services remain to be the main reason for investing in insurance.
Singapore's general insurance market rises 15% to $7.04b in 2022
The strong uptake in the domestic market contributed to the growth.
Insurers should keep an eye on liquidity risks: MAS
The financial watchdog warns that insurers should be wary of the effects of economic instability.
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