Singapore
IRAS, MAS revise tax treatment of insurance reserves
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.
MS First Capital elects new CEO after the passing of former
Ramaswamy Athappan passed away last month.
Wotton + Kearney opens regional office in Singapore
Asia practice will be led by managing partner Ben Nicholson and Tom Morrison.
Singapore Insurance Institute unveils new council members for 2024-25
Jeanette Lim is SII's new president.
OCBC’s final offer for Great Eastern squeeze out at S$25.6 per share
Closing date has been extended to 12 July.
Income Insurance in talks with Allianz over shares
The transaction is not, in any way, final.
Gig worker platform offers paid leaves, underwritten by Etiqa
80% of the surveyed wanted traditional benefits.
Manulife prices S$500m notes due 2034
The notes have a fixed 4.275% interest rate.
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Claims delays reshape customer loyalty patterns in Indonesia insurance sector.
