Frances Gagua
Singlife becomes signatory of UN-supported Principles for Responsible Investment
Singlife becomes signatory of UN-supported Principles for Responsible Investment
It is reportedly the first Southeast Asian insurer to become a signatory of PRI.
MAS fines 4 entities S$3.8m for failures in anti-money laundering controls
DBS and OCBC are fined S$2.6m and S$600,000, respectively.
OCBC buys more Great Eastern shares for S$39.9m
OCBC now owns 88.4% of its subsidiary’s shares.
MAS slams 6 ex-Great Eastern financial advisers with prohibition orders
This follows after the six individuals were convicted of tax evasion.
MAS issues 8-year ban to former AIG, Liberty insurance agent
Yeo Siew Liang James was convicted of 18 counts of corruption in 2021.
China CITIC Bank, FWD Macau establish bancassurance partnership in Macau
This is their first bancassurance collaboration in Macau.
Manulife HK and Macau insurance sales rise 26% to HK$1.66b in Q1
Critical illness plans and deferred annuity plans increased by over 40%.
Cyber Insurance Can’t Do it Alone
Attention to Fundamental Security Practices Provides the Necessary Protection Against Disasters.
MSIG launches motor add-on insurance EZ-Mile
Customers can choose between three usage plans.
AIA China received regulator approval to operate in Henan
The insurer is now active in nine provinces and urban areas in China.
HSBC Singapore, MSIG enter 15-year bancassurance partnership
MSIG will distribute commercial and personal insurance solutions to HSBC’s SG customers.
Manulife names new chief strategy officer, chief communications officer for Hong Kong and Macau
They both report to Hong Kong and Macau CEO Patrick Graham.
AIA Group appoints ex-IHH Healthcare CEO as group chief healthcare officer
Kevin Loh was the managing director and CEO of IHH Healthcare Berhad.
AIA Hong Kong launches CarePass for high-end customers
They can access one-stop integrated oncology treatments, amongst others.
Singapore’s life insurance industry to be worth S$100.4b in 2027
Demand for whole life insurance has risen due to a pandemic-induced awareness.
Protection gap in Southeast Asia a massive opportunity for insurers: S&P
Insurers can help insure the bottom 40% income group or address vulnerabilities to natural disasters.
AIA appoints Alvin Fu as new chief distribution officer
He succeeds Chin Chung Wan, who is retiring.
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