Singapore

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

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).

MSIG uses WhatsApp to streamline SME insurance process

SMEs constitute 99% of business in Singapore.

Zurich Singapore reels in new leader of A&H

He brings over 12 years of experience.

Prudential, Google Cloud collaborate to upskill 15,000 employees

It aims to provide resources to transform their ideas into AI solutions. 

AIA to simplify policy language amidst customer feedback

Difficulty in understanding the terms is seen as the top reason.

Etiqa named official fire insurer for HDB flats

Insurance premiums range from US$0.84 to US$5.07.

SG's life insurance total weighted new business premiums surge 27% YoY in H1'24

Employment in the market was stable, a slight decrease of 0.5% versus last year.

S'pore insurers see flat pricing in Q2 2024

Thanks to new market entrants amidst mixed trends.

Nexus names new deputy head for A&H reinsurance

Her role will involve increasing the regional broker network.

MAS confirms no competitive concerns with Allianz deal

Income's market share in life and general insurance is less than 10%.

Great Eastern Life sees mixed Q2 performance in Singapore, Malaysia

Its performance offers insights for competitors like Prudential and AIA.

United Overseas Insurance’s focus on Singapore market yields stable earnings

UOI's balance sheet strength is supported by its risk-adjusted capitalisation.

NTUC Enterprise, Income Insurance defend Allianz deal amidst stakeholder concerns

Suee Chieh Tan claimed that NTUC Enterprise raised its stake in the co-operative.