Singapore

Markel appoints new marine hull and war lead in Singapore

He joins the company after nearly two decades with MS First Capital Insurance.

Great Eastern reduces stake in Boost Holdings

This was a result of an increase in BHSB's issued and paid-up share capital.

Manulife, Maybank unveil new retirement investment plan

The plan utilised a glide path approach, which adapts to a client's evolving needs.

Singapore’s general insurance market slated for 6.4% in 2025

Thanks to regulation, economic growth, and demand for private health insurance.

Singapore’s property insurance sees rate cuts in Q4

The rates are available for risks with favourable loss ratios and strong risk management.

Igloo multiplies partnerships across SEA, new chief distribution offier

Sasitharan Krishnan has over 30 years of experience in insurance distribution.

Why a third of Singaporean SMEs don’t use cyber insurance

Amongst those without coverage, half considered purchasing a policy.

UOI proposes $8.9m final and special dividends for FY2024

If approved, the dividends will be paid on 16 May.

Singapore's life insurance workforce shrinks by 2.3% in 2024

Higher demand was noted in integrated shield plans and riders coverage.

How did Singapore’s life insurers fare in 2024?

The industry's growth was influenced by higher demand for annual premium products.

QBE underwrites CyberFender for Singapore SMBs protection

It protects against security breaches, interruptions, and cyber extortion.

36% of Singaporeans opt for extra coverage beyond work insurance

However, 90% of Singaporeans already own medical insurance.

60% of Singaporeans overlook sustainability in finance

Only a fifth of respondents are aware of investment products linked to sustainability.

Meeting evolving needs: How innovation will continue to drive insurance growth in 2025

The industry is projected to continue a growth momentum this year.

4 in 5 S’poreans prioritise financial control as economic sentiment looms

Inflation and cost of living remain the top economic concern for Singaporeans.