Insurance
S'poreans find wealth does not equate to financial resilience: Survey
Lower-income respondents (60%) better at covering short-term financial obligations than high-income counterparts (52%).
S'poreans find wealth does not equate to financial resilience: Survey
Lower-income respondents (60%) better at covering short-term financial obligations than high-income counterparts (52%).
1 in 2 Singaporeans prefer using online websites to buy travel insurance
43.7% of Singaporeans travel 2-3 times annually.
SIAS calls for governance clarity from Great Eastern Holdings
SIAS urges the insurer’s board to consider and address shareholders' requests proactively.
Etiqa S’pore unveils CI plan, supports mental health conditions
Coverage is provided for psychiatrist consultations, which are up to eight claims.
MSIG Singapore upgrades investment analytics with Clearwater tech
This will enable digital reporting, ensuring compliance with international standards such as IFRS 9.
AIA Singapore welcomes interns in first corporate-led programme
The programme is six-week long.
Surge in demand for cyber, marine, cargo, and property insurance in SG and Malaysia
Success in both markets relies heavily on how they’ll navigate uncertainties.
S’pore SMEs fear business interruption but don’t own insurance for it
S’porean SMEs said cyberattacks were the most common incidents in 2023.
Higher interest rate risk pressures HSBC Life SG's capital buffers
S&P Global Ratings expects the insurer’s relationship with its parent company will remain strategic due to its regional exposure.
Great Eastern's Q4 sales surge ‘read across’ to AIA, Prudential
Jefferies Equity Research said bancassurance played a significant role in driving this growth.
Great Eastern’s weighted new sales dip, earnings soar in 2023
The total dividend for 2023 amounted to 75 Singaporean cents per ordinary share.
Singlife ramps up interest rates of flagship digital savings plan
Half of Singaporeans find it hard to meet conditions for maximum interest rates on savings accounts.
United Overseas Insurance profits surge 55% YoY FY’23
Earnings per share during the year was 47.85 Singaporean cents.
S’pore Reinsurers’ Association becomes founding member of global advisory council
The council aims to increase efficiencies and digital readiness among stakeholders.
S’pore’s life industry dips 3.9% YoY in weighted new business premiums 2023
Fourth quarter 2023 saw an increase in the uptake of both annual and single-premium products.
Singaporeans struggle with critical illness coverage despite reduction in protection gap
AIA SG’s chief marketing and proposition officer expects insurers to keep up with consumer demands better in 2024.
S’pore regulator proposes simplified process for affordable insurance policies
MAS now proposes to reduce information requirements for term life insurance and standard critical illness policies.
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