Frances Gagua
Great Eastern names HSBC banker as new group CEO
Great Eastern names HSBC banker as new group CEO
Greg Hingston will take the helm once Khor Hock Seng retires on 31 Oct 2024.
MAS revokes insurance broker license of Acesynergy Brokers
ABPL failed to comply with regulatory requirements.
Sun Life Singapore enhances whole life insurance solution for wealthy Asians
Main benefits include death benefit options and extended expiry age.
OCBC’s final offer for Great Eastern squeeze out at S$25.6 per share
Closing date has been extended to 12 July.
Miller names head of non-marine broking for Japanese arm
Tokinori Kono joins from I&T Risk Solutions.
ZhongAn’s investment income reliance puts earnings on shaky ground
Its net profit is “volatile” with net profit in 2023 and net loss in 2022.
Etiqa SG unveils Tiq CashSaver for young families and adults
The minimum monthly savings amount starts at S$125.
MS First Capital Insurance CEO Ramaswamy Athappan has passed away
MSFC is an affiliate company of MSIG Asia.
HSBC Life Singapore unveils universal life plan for affluent clients
It offers both life insurance and investments.
GX Bank, Zurich Malaysia ink 10-year bancassurance partnership
They will co-create micro digital insurance products for Malaysians.
AIA Singapore unveils wealth centre at Six Battery Road
Clients can access a panel of experts in legal, tax, and trusts.
MAS slaps 12-year ban on ex-Manulife rep for cheating
Ong Ka Yong was sentenced to 47 months’ imprisonment on 4 September 2023.
Insurers struggle to balance customer acquisition and retention: study
Customer retention is crucial in markets where new buyer growth has stagnated.
Property catastrophe reinsurance sees ‘strong’ appetite on higher returns
At $670b, total global reinsurance capital is now close to the 2021 peak levels.
Sompo appoints Kenneth Reilly as new APAC insurance CEO
Former CEO Daniel Neo will serve as senior strategic advisor until end-2024.
NTUC Income is insurance brand most positively viewed by Singapore women
It beat out FWD and Great Eastern to clinch the top spot.
Malaysia’s takaful sector stable, but rising claims weigh on growth
Growing demand for digital services will be a catalyst for growth.
Commentary
AI isn’t replacing insurance, it’s finally making it work