Singapore
Singlife inks deal with AIC, Homage for long-term care
Singlife inks deal with AIC, Homage for long-term care
Singapore is currently facing the challenge of rapid aging.
MAS unveils list of too-big-to-fail insurers, imposes higher capital requirements
The four initial insurers are to face a 25% capital add-on, boosting higher and lower supervisory intervention levels, CET1 and Tier 1.
Great Eastern collaborates with telco for home insurance plan
The insurer and Singtel unveiled a plan which covers various residential housing types.
SG’s property insurance to stay afloat in 2023 – GlobalData
Disciplined underwriting and well-diversified portfolios will support profitability, an analyst said.
Sumitomo Life buys an additional stake in Singlife
The transaction is still subject to regulatory approval.
Singlife becomes co-seed investor of BlackRock’s ETF
The Climate Action ETF is valued at US$426m.
Home and auto insurance customer experience more flat in 2023: Forrester
There is a need for insurers to pivot or refresh their CX strategies to enhance competitiveness.
Prudential SG introduces easy way to switch plans
Eligible policyholders can take advantage of the feature from 1 Sept. to 31 Dec.
Critical illness protection gap shrinks whilst mortality coverage stays the same: Study
Despite the gaps recorded, the industry has performed better in 2022 than in 2017.
Chubb names two new division heads
They will both report to Hng Keng Yoong, Chubb’s Singapore president.
Great Eastern bridges sustainability and insurance through portfolio integration
The Singaporean insurer emphasised the role that sustainability compliance plays amongst insurers even as green investments face a supply-demand issue.
Jeslyn Tan grabs SRA Executive Director title
She was the President of the Singapore Insurance Institute from 2020 to 2023.
Former Canopius underwriter moves to Sompo International
She will be based in Singapore and report to Paul O’Neill.
Singlife revamps investment platform to GROW
The platform was previously Navigator Investment Services.
FWD Singapore enters HNW insurance market
Jason Tsui has been selected as Chief High-Net-Worth Officer to spearhead the segment.
Howden ramps up Singapore marine team
The insurance brokerage firm appointed Bozidar Ljubisavljevic as the Executive Director.
HSBC Life Singapore unveils new CEO
Harpreet Bindra will oversee the company’s business strategy in Singapore.
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