Singapore

Prudential Singapore upgrades Pulse with wealth solutions tools

The firm’s health and wellness app now includes wealth tools called “Wealth@Pulse”.

GREAT Green SP insurance fully-subscribed, closed: Great Eastern

Customers may invest between S$5,000 and S$100,000.

Zensung, ERGO, Munich Re to launch ‘GO GREEN’ insurance policy

It will be delivered through the “Parrot” mobile application and policyholders can monitor their trips and CO2 emissions. 

Great Eastern launches first green life insurance product in Singapore

The insurer will donate S$1,000 for every S$1m raised from GREAT Green SP proceeds.

Protection against accidents, illnesses top delivery riders’ insurance needs

Gigacover, an independent worker insurance provider, saw its users increase ninefold since 2020.

AXA XL names new Singapore country manager

Sylvie Gleises will assume the role effective 1 September.

FWD Singapore, Ryde extends free accidental death insurance

Passengers can also get compensated if they lose their IDs during a trip.

Singapore parents prioritise children's expenses over retirement: study

Parents spend almost 20% of their income on their children but less than 7% on their own retirement planning.

Only 15% of Singaporeans have adequate critical illness coverage

The Life Insurance Association recommends critical illness coverage 3.9 times the annual income.

LiquidX's Singapore entity obtains MAS insurance brokerage licence

LISS will help banks, asset managers, and corporates access trade credit insurance coverage.

Great Eastern floats free post-vaccine protection for Singapore residents

It extends a cash payout of S$200 per day of hospitalisation up to a total of S$2,000.

Carro floats AI-driven motor insurance plan

Covered is a pay-per-kilometre insurance and maintenance plan.

Moody's: MAS measures against erring insurers to boost client confidence

The overall business impact would be temporary because no further penalties were handed out.