Singapore
MSIG Singapore upgrades investment analytics with Clearwater tech
This will enable digital reporting, ensuring compliance with international standards such as IFRS 9.
MSIG Singapore upgrades investment analytics with Clearwater tech
This will enable digital reporting, ensuring compliance with international standards such as IFRS 9.
AIA Singapore welcomes interns in first corporate-led programme
The programme is six-week long.
Surge in demand for cyber, marine, cargo, and property insurance in SG and Malaysia
Success in both markets relies heavily on how they’ll navigate uncertainties.
S’pore SMEs fear business interruption but don’t own insurance for it
S’porean SMEs said cyberattacks were the most common incidents in 2023.
Prudential Singapore to hire 800 financial reps
Those new to the industry are allotted time to learn and hone their skills fit for the insurance industry.
S’porean vehicle owners can access accident reports via new service
Vehicle owners can purchase a report for S$90 each.
Market Saturation and Competition: Obstacles in Singapore's Insurance Sector
There are five key challenges the Singaporean insurance landscape needs to address.
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.
S&P expects Tokio Marine Insurance Singapore to sustain market presence
It is also projected to maintain its significance within Tokio Marine Group.
Great Eastern's Q4 sales surge ‘read across’ to AIA, Prudential
Jefferies Equity Research said bancassurance played a significant role in driving this growth.
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.
Most Read
1. Financial firms lead LinkedIn’s top companies in Singapore 2. InterContinental Singapore is saving insurance for a rainy day 3. 25% of employers to enhance insurance coverage in the next two years 4. Insurers struggle to balance customer acquisition and retention: study 5. Management addresses market demands at Jefferies callResource Center
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Awards
Jul
09
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Event News
Celebrate your award-winning insurance initiatives at the Insurance Asia Awards 2024
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Be recognised as one of the top insurers in the region by sending your entries until 19 April 2024!
Be recognised as one of the top insurers in the region by sending your entries until 19 April 2024!
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Most Read
1. Financial firms lead LinkedIn’s top companies in Singapore 2. InterContinental Singapore is saving insurance for a rainy day 3. 25% of employers to enhance insurance coverage in the next two years 4. Insurers struggle to balance customer acquisition and retention: study 5. Management addresses market demands at Jefferies callAwards
Jul
09
Commentary
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