Singapore

Only 35% of Singaporeans have retirement plans

Rising costs of goods and services remain to be the main reason for investing in insurance.

Singapore's general insurance market rises 15% to $7.04b in 2022

The strong uptake in the domestic market contributed to the growth.

Insurers should keep an eye on liquidity risks: MAS 

The financial watchdog warns that insurers should be wary of the effects of economic instability.

Surer partners with Zurich to provide Marine Cargo product

The partnership provides quicker and easier access to marine cargo requirements.

Koh Beng Seng bows out as Great Eastern chairman

He will step down from the post on 21 April.

GIA Singapore beefs up travel insurance fraud efforts

It will use Shift Technology's claims fraud detection system for the initiative.

Prudential’s new business profit drops to US$2.18b in FY22

The insurer attributed the decline to higher interest rates and business mix effects.

Mosaic Insurance opens new Singapore Office

The new office will expand the company’s transactional business across APAC

UOI names Wee Ee Cheong as new company Chairman

He will replace his father, Dr. Wee Cho Yaw, who will be retiring on 14 April.

Everest Re names Singapore chief executive

He currently holds the position of Head of Business Development in APAC.

Great Eastern’s profits down 30% to S$784.2m in FY2022

CEO Khor Hock Seng said that volatility of global financial markets impacted earnings.

Singapore's new insurance premiums fall 5.2% in 2022

Rising interest rates and inflation dented demand for life insurance products.

Igloo hires new technology chief

The insurtech prides itself on using technology to make insurance more affordable.

FWD Singapore appoints Adrian Vincent as CEO

Vincent joined the insurer in 2019 as a general manager for its life business arm.

HSBC Singapore completes legal integration of AXA

This enables HSBC to begin its insurance operations in Singapore.