Insurance
CapitaLand sells 95% stake in Capital Square Beijing to AIA in S$447m deal
The property is located in the Central Business District (CBD) in Chaoyang District.
CapitaLand sells 95% stake in Capital Square Beijing to AIA in S$447m deal
The property is located in the Central Business District (CBD) in Chaoyang District.
MS Amlin renews Singapore Cat Bond
The development comes after the increasing natural disaster risk environment in the region.
Sun Life expands private health services to HNW market
High-net-worth clients in Hong Kong, Singapore and Taiwan will have access to US-based PinnacleCare.
Seven out of 10 workers are stressed amid lack of employer support
The support for mental health has diminished as businesses shift focus post-pandemic, despite continued high stress levels among workers.
Budget Direct Insurance eases GST burden, also adopts Singpass Mobile
E-vouchers with 9% GST savings will be offered when customers purchase a new car or motorcycle plan online.
Kita extends carbon insurance specialities in Singapore
It aims to offer carbon insurance products that aid carbon projects, carbon credit buyers, and intermediaries in the market.
HDI Global gets new SG branch managing director
Alex Tarantino will take the role of managing director for the SG office, whilst Andrew Cochrane will take over his current role.
Bridge Specialty International acquires Singaporean insurance brokerage business
The transaction is expected to finish in the first quarter of 2024.
S’pore-based Igloo expands Weather Index Insurance coverage in Vietnam
The insurance will be integrated with Mobifone's agricultural application, MobiAgri.
Income Insurance shares enter private securities exchange through partnership
Digital securities exchange for alternative assets in Southeast Asia, Alta, has partnered with PhillipCapital to launch this new venture.
WTW reveals two new appointments in Singapore team
Ernest Heng has been appointed as the head of specialty whilst David Ng as head of client services in Singapore.
SG promotes proper culture and conduct amongst general insurers
The ICCSC hopes to ensure that general insurers maintain and improve professionality to grow customer’s trust.
AIA S’pore launches Ultimate Critical Cover, S’poreans feel ‘inadequately protected’
A study was conducted which showed that respondents consider a median payout of $100,000 sufficient, short of the recommended $300,000 by LIA.
Fitch Ratings expects Singlife acquisition to boost Sumitomo Life’s credit profile
The acquisition is still subject to regulatory approval in Japan and Singapore.
37% of S’porean businesses plan to explore coverage amidst high-risk environment
Cyber risk remains the primary concern of executives.
Allianz S’pore will improve premiums in the next two years – S&P Global Ratings
Problems may still rise if the insurer deviates from strategise or faces funding challenges.
Sumitomo Life buys Singlife shares from TPG, plans full ownership
The deal values Singlife at S$4.6b.
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