Singapore

Tokio Marine, Horangi partner for cybersecurity services

A cybersecurity insurance policy will be granted, with possible rebates.

Tokio Marine, Horangi partner for cybersecurity services

A cybersecurity insurance policy will be granted, with possible rebates.

AXA rolls out COVID-19 care package

Customers hospitalised due to the virus will receive $200 per day.

Gigacover extends COVID-19 coverage to freelancers, GoJek drivers

Income protection policies will cover stay home notices and leaves of absence.

Prudential Singapore commits $1.5m COVID relief package

Affected SME clients can defer their premium payments for up to three months.

Great Eastern's profit climbed 36% to $1b in FY2019

Profit from its shareholders’ fund surged 266% to $277m from higher valuation.

NTUC Income widens COVID-19 coverage to low-income Singapore households

The IFMIS provides a cash payout of $200 per day of hospitalisation.

Manulife Singapore commits $1m for enhanced COVID-19 coverage

A customer diagnosed with the virus will receive a one-time cash benefit of $1,500.

Asian insurtechs raised over $3b in 121 deals since 2015

Total capital raised jumped at a CAGR of 155.6% between 2016 and 2019 to over $970m.

Singapore's PDPC warns AXA, NTUC over data breaches

Policyholders' personal data were sent over emails to unintended recipients.

Singapore IPs, IP riders to cover nCov medical expenses

Many non-IP individual and group health insurance policies will also cover medical costs.

HSBC Life Singapore extends coronavirus benefits to customers

Customers may receive $1,000 in the event that they contract nCov in Singapore.

Singapore health insurance business premiums hit $465.7m in Q4 2019

IPs and IP rider premiums comprised $419.7m of the amount.

Singapore life insurance employment up 6% in 2019

Expertise in digitalisation transformation remains highly sought after.

Singapore life insurance business premiums up 0.4% to $4.3b in Q4 2019

Total sum assured for new businesses grew 7% YoY to $149.5b.

Tokio Marine Life Insurance floats coronavirus financial aid

Policyholders with in-force individual life policies can obtain a lump sum of $5,000.

Insurtech firms raise $1.1b in 53 transactions in 2019

$828.1m were raised in the top 10 deals, accounting for 74.7% of the total capital raised.

Sedgwick appoints deputy CEO for its Singapore operations

Sedgwick has appointed Stephen Kwang as deputy CEO of Sedgwick Singapore, an announcement revealed.