Singapore
MSIG bolsters EV coverage in Singapore
MSIG bolsters EV coverage in Singapore
Electric vehicle usage in Singapore surged 200% since 2021.
Great Eastern profit attributable to shareholders grew 21% in Q3
It increased to $180.2m.
CapitalSG acquires majority stake in a digital health and insurance company
As part of the investment, BIMA MILVIK's holding company has relocated from Sweden to Singapore.
United Overseas Insurance’s profit more than doubles in 9M23
Year-to-date, net earnings reached S$18.3m in September versus the S$8.2m last year.
SG’s bolttech partners with Three Sweden for gadget protection
The insurance is underwritten by AIG.
Liberty Mutual Re names Alex Koh as senior underwriter in Singapore
Koh will be managing and expanding LM Re's existing reinsurance portfolio.
Singlife offers one year free life insurance coverage to caregivers
It is given to the first 200 who successfully sign up for SG Assist’s new membership programme.
Singapore’s general insurance industry to hit S$7.35b in 2028
The industry will grow at a compound annual growth rate (CAGR) of 5.8%.
Etiqa shares how its small beginnings can create a name in the insurance industry
Customer centricity, modern capabilities, and humanising the insurance offerings can make a difference, says the CEO.
One in four young seniors do not have a ‘robust retirement plan’: study
Research on Successful Ageing (ROSA) said only 27% have a “robust retirement plan.”
AXA XL boosts Singapore team
Her role as an underwriter will oversee the management of risks in political violence and terrorism.
MAS partners with financial industry to present basic planning guide
This guide hopes to foster Singaporean’s financial wellbeing in terms of savings, insurance, and investments.
Singlife selects consulting firm for asset allocation
The homegrown insurer is looking to sophisticate its asset allocation strategies with Ortec Finance.
Great Eastern’s acquisition plan could drive market position: S&P Global Ratings
Estimated combined assets of AML and AMT accounted for 1.5% of the Great Eastern group's total assets as of the end of 2022.
SG’s financial sector welcomes automation amidst economic uncertainty
20% of staff have noted resistance to the overall process of automation.
Income Insurance unveils mental wellness insurance plan
Subscribers must be recommended by a psychiatrist to undergo psychotherapy.
Singlife introduces upgraded plans for policyholders with mild disability
The upgraded plans are measured by the customer’s ADL performance.
Commentary
AI isn’t replacing insurance, it’s finally making it work