insurance

Singapore amends insurance bill post-Allianz deal

Key concern raised by the MCCY is the terms and structure of the deal.

Singapore amends insurance bill post-Allianz deal

Key concern raised by the MCCY is the terms and structure of the deal.

New HSBC plan multiplies coverage up to six times

The plan also offers enhanced critical illness coverage.

Singlife, SAL launch mental health scheme for lawyers 

The programme will be offered to more than 13,000 legal professionals.

Manulife integrates GenAI in contact centres, rollout starts in Singapore

About 68% of agents used the tool within two weeks of its pilot launch.

Income Insurance launches first hourly travel coverage

The product replaces the previous version, which was limited to Bintan, Batam, and Malaysia. 

S'pore millennials, Gen Z find traditional travel insurance 'outdated'

A fifth of respondents hesitate to buy insurance due to not knowing what is covered.

New Singlife campaign offers up to 4.5% returns amidst inflation woes

It is available for the first S$10,000 in an account.

MegaChem receives $4.4m insurance payout for July warehouse fire

In total, they have received $12.3m in insurance payouts. 

MAS banks on financial institutions to enforce robust IT security

All FIs in Singapore must comply with the Personal Data Protection Act (PDPA).

MSIG uses WhatsApp to streamline SME insurance process

SMEs constitute 99% of business in Singapore.

AIA to simplify policy language amidst customer feedback

Difficulty in understanding the terms is seen as the top reason.

SG's life insurance total weighted new business premiums surge 27% YoY in H1'24

Employment in the market was stable, a slight decrease of 0.5% versus last year.

NTUC Enterprise, Income Insurance defend Allianz deal amidst stakeholder concerns

Suee Chieh Tan claimed that NTUC Enterprise raised its stake in the co-operative.

Singlife's GROW platform expands with low-fee JPMorgan fund

The share class is designed to help CPF members meet long-term retirement goals.

Allianz acquisition aims to enhance Income Insurance's capabilities: NTUC Enterprise

The Singaporean insurer needs strong and continuous capital support.