Singapore
36% of Singaporeans opt for extra coverage beyond work insurance
36% of Singaporeans opt for extra coverage beyond work insurance
However, 90% of Singaporeans already own medical insurance.
60% of Singaporeans overlook sustainability in finance
Only a fifth of respondents are aware of investment products linked to sustainability.
Meeting evolving needs: How innovation will continue to drive insurance growth in 2025
The industry is projected to continue a growth momentum this year.
4 in 5 S’poreans prioritise financial control as economic sentiment looms
Inflation and cost of living remain the top economic concern for Singaporeans.
MS Amlin boosts Phoenix Re Capacity to $9m for APAC reinsurance
This marks a 12.5% from 2024.
Acclaim Insurance Brokers, CyberCube partner for cyber insurance
The broker’s CEO said it would let the company deliver informed cyber risk advice.
Ageing populations and rising mortality main concerns for life insurers and reinsurers
In 5 years, one in four Singaporeans will be over the age of 65.
Great Eastern exploring options for free float requirements compliance
SGX gave the insurer until 25 May.
Singlife’s profits to slowly improve: Fitch Ratings
Its H1 2024 earnings rebounded from a loss in 2023.
Etiqa launches Singapore’s first takaful insurance product in years
Demand for Islamic financial products from the Middle East and Southeast Asia is growing.
Raffles Hospital and AIA Singapore ink MoU to boost healthcare access
Over 90 specialists from the hospital will be added to the AIA Quality Healthcare Partners panel.
StanChart, Prudential Singapore’s bancassurance partnership hit 25
This is the longest on record in Singapore.
Tokio Marine Singapore bolsters leadership with new appointments
The insurer also named a new CEO.
Tokio Marine Singapore, T. Rowe Price partner on investment-linked plans
Clients will have access to two funds.
Budget Direct unveils new commercial vehicle cover
Customers can opt for the benefit of vehicle repairs at their preferred location.
Singapore's life insurers eye growth in 2025
The push for innovative healthcare solutions amidst medical inflation is a challenge.
MSIG taps Inova Care for health portfolio management
The partnership aims to address the country’s double-digit medical inflation.
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1. LIA Singapore appoints Wong as president with new 2025 goals 2. Australian firms expect financial crime surge in 2025 3. Prudential Singapore launches Wealth Suite for high net worth clients 4. Singapore launches online tool for health insurance planning 5. Vietnam’s life insurance sector slated for dip this 2025Resource Center
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