Singapore
Singapore life insurance new business premiums dips by 2% in Q1.
Singapore life insurance new business premiums dips by 2% in Q1.
New business premiums totaled S$1.21b for the first quarter of the year.
Howden appoints new Singapore chief
She has been with Howden since 2015.
Singapore risks protection gap for older population
Prudential and Income are working together to close protection gaps, particularly in the area of long-term care.
Former Allianz chief takes on new position at Prudential
He will take on the newly created position of Group Strategic Transformation Officer.
NTUC Income launches new travel cover that protects by the hour
Premiums start at S$1.80 for a six-hour coverage.
Why embedded insurance is cutting out the middleman
Without middlemen, insurance will get cheaper for consumers.
Prudential’s health app can now scan people’s faces for stress
This new feature was made through the firm's collaboration with Nervotec.
DBS, Manulife Singapore launch insurance starter plan ProtectFirst
Customers can choose from three plans that focus on illness, life protection, or accident coverage.
9 in 10 Singaporean SME employees wants medical benefits from employers
Around 60% of those surveyed are more willing to join a firm if they have medical benefits.
Singapore insurance conduct committee releases third paper on industry best practices
The latest set of guidelines focuses on elevating higher standards for FA Reps and FAFs.
Singlife appoints Matter to review its sustainability portfolio
This will help the insurer understand the sustainability impact of its investments.
Resolution Life sets up rep office in Singapore
The firm plans to use this as a launching pad into Asian markets.
Igloo hires former Grab exec as new chief business officer
He was also a former executive from Alibaba.
Customer satisfaction dips in Singapore insurance industry
The survey also revealed an increase in preference for digital channels.
Chubb buys DUAL Asia's Financial Lines portfolio
This comes at the back of DUAL’s ending general agent partnership with MSIG.
MSIG Insurance ends general agent partnership with DUAL Asia
MSIG will advance its financial lines underwriting independent of DUAL.
ICCSC releases papers on best practices and guidelines for insurance firms
This is to help elevate standards of culture and conduct in the industry.
Commentary
AI isn’t replacing insurance, it’s finally making it work