Singapore

Great Eastern in discussions to buy Malaysia's AmMetLife

It plans to acquire AmMetLife Insurance, a MetLife Inc. Malaysian venture.

Great Eastern in discussions to buy Malaysia's AmMetLife

It plans to acquire AmMetLife Insurance, a MetLife Inc. Malaysian venture.

Zurich Singapore partners with Klook to offer travel insurance

It covers trip cancellations, medical emergencies, and lost or stolen luggage. 

Singaporeans need to save for 27 years to achieve financial freedom: Singlife

1 in 4 Lion City residents have savings of less than $1,000 per month, below the average S$1,733.

Insurance veteran to run for Singapore’s presidential seat

He became CEO of Income Insurance (formerly NTUC Income) up until 2007.

FWD Singapore introduces standalone cancer plan offering 100% payout

The plan offers a 100% lump-sum payout of the insured amount to customers diagnosed with major cancer.

Online nomination of insurance beneficiaries available soon: MAS

Singapore has amended insurance regulations to allow online nomination of beneficiaries.

UOI net profit up 70.2% in H1 due to favourable investment markets

United Overseas Investment Limited (UOI) posted $12.15m net profit.

Lexasure engages in partnership for auto insurance

The partnership aims to service Singapore and Cambodia’s markets.

MAS imposes prohibition order against ex-Prudential rep for false invoices

Mengting submitted 11 false invoices to Prudential to aid her clients' accident injury claims.

Singlife launches Singlife Shield Starter, Singlife Health Starter Plus

Customers can add the S$1 rider to their base plan to reduce mandatory co-payments.

Allianz Trade selects new Asia head of surety and guarantees

Chris Markesteijn is the new Regional Head of Surety and Guarantees beginning 1 August.

Sun Life Singapore unveils life insurance product for HNW clients

It offers an indexed account linked to the S&P 500 index performance.

Soh Yeow Liang joins Tokio Marine Life Insurance SG

He will be the Head of Strategic Partnerships.

Prudential introduces first Shariah-aligned index fund

Shariah investing aligns with the permissible financial activities for Muslims and promotes ethical support for the community. 

Microsoft, Singlife push for AI adoption amongst insurers

Singlife is the first in its industry to collaborate with Microsoft for the programme in ASEAN.

MAS floats raising deposit insurance coverage to S$100,000

This will result in 91% of deposits being fully covered by deposit insurance.