Singapore

AIA S’pore taps new tech lead

Afees Ashroff has more than two decades of experience in banking and insurance.

AIA Investment Management clinches two accolades at Insurance Asia Awards 2024

Its Stewardship Funds have performed well against peers despite recent volatility.

IRAS, MAS revise tax treatment of insurance reserves

Previously, reserves were non-deductible as estimates of contingent liabilities.

discovermarket secures two wins at Insurance Asia Awards 2024

It has made insurance more accessible to Southeast Asian markets, wherein the protection gap  remains high.

Sumitomo Life's Singlife purchase tops SEA acquisitions in H1 2024

The acquisition valued the Singaporean insurer at S$4.6b.

FWD Singapore, Income Insurance partner amidst EV demand

Existing motor policies at FWD Singapore will remain unaffected.

Sun Life Singapore enhances whole life insurance solution for wealthy Asians

Main benefits include death benefit options and extended expiry age.

Tokio Marine opens new financial advisory arm in Singapore

The life insurer aims to offer a more integrated financial service experience.

Prudential Singapore gets new CEO

She will also manage Prudential Financial Advisers Singapore. 

Singapore leads in cyber insurance with 96% adoption rate

About 76% of businesses reinforced cyber defences to qualify for insurance.

Lockton Singapore appoints new COO

She will oversee administration, compliance, claims, marketing, and IT. 

Income Insurance faces CreditWatch by S&P Global

S&P Global aims to resolve the CreditWatch status within the next 90 days.

Wotton + Kearney opens regional office in Singapore

Asia practice will be led by managing partner Ben Nicholson and Tom Morrison.