Singapore

MAS to assess capital plans in Allianz-Income deal

It will evaluate if Allianz’ acquisition meets regulatory requirements.

MAS to assess capital plans in Allianz-Income deal

It will evaluate if Allianz’ acquisition meets regulatory requirements.

How much are SG’s expats paying for medical coverage?

The average annual hospitalisation coverage is US$99,034.

Singlife introduces Legacy IUL for affluent market in Singapore

It’s coverage starts from $250,000 for death and terminal illness protection

Income Insurance launches first hourly travel coverage

The product replaces the previous version, which was limited to Bintan, Batam, and Malaysia. 

How much do Singapore’s executives care about cyber insurance?

The rise of AI presents opportunities for both businesses and cybercriminals.

Texel expands Singapore team with seasoned brokers

Both will report to Angela Chang, managing director.

New Singlife campaign offers up to 4.5% returns amidst inflation woes

It is available for the first S$10,000 in an account.

4 in 5 Singaporeans prioritise health over wealth

61% viewed health as the foundation for pursuing life goals.

AIA, Singapore University of Social Sciences launch insurance minor

As part of the agreement, the insurer plans to upskill 100 of its employees.

Great Eastern names HSBC banker as new group CEO

Greg Hingston will take the helm once Khor Hock Seng retires on 31 Oct 2024.

Great Eastern backs MoH's pre-planning initiative with new legacy programme

This makes the insurer the first one to support the pre-planning campaign.

Why nearly half of S’poreans feel hopeless reaching financial freedom

The average consumer owns 3 types of insurance, but only 57% have life coverage.

Marsh's $50m facility to tackle growing port issues

The facility is backed by insurers from Lloyd’s of London and the London market.

Only a third of Singaporeans have critical illness coverage

A quarter of Gen Zs did not meet MAS’ financial planning guidelines.

HDI Global’s net financial result rises to $76m in H1 2024

Thanks to higher investment volumes and increased interest income. 

MAS banks on financial institutions to enforce robust IT security

All FIs in Singapore must comply with the Personal Data Protection Act (PDPA).