insurance

Claims submission office opens in Singapore for Marine Honour oil spill

Whilst the shipowner is liable for damages, their liability is capped.

Claims submission office opens in Singapore for Marine Honour oil spill

Whilst the shipowner is liable for damages, their liability is capped.

Red flags raised in Singapore's malpractice claims environment

These cases could see increased awards and higher premiums.

United Overseas Insurance Profits Rise 14.9% YoY in H1 2024 

Thanks to a surge in its dividend income on a year-on-year basis.

Income Insurance keeps affordable insurance offerings post-deal: NTUC Enterprise

It will still participate in national insurance programmes with the CPF Board.

AIA Singapore gifts 6-month free coverage for national day

It plans to provide six months of complimentary insurance coverage.

Allianz Partners Expands SIA Insurance Offer in Australia

Passengers can purchase insurance during the booking process.

Allianz’s acquisition won’t have impact on market: Fitch Ratings

This deal will make it the largest property and casualty insurer in Singapore.

Prudential Financial Advisers aims for 1,000 reps by end of 2024

By the end of 2025, it hopes to see 1,500 representatives.

Income Insurance seeks to fill billion-dollar financing gap in climate transition

 The region skimmed its carbon intensity by 2.8%, far below the 17.2% needed.

Allianz plans to acquire majority stake in Income Insurance for $1.64b

This is also equivalent to a 51% majority stake in the SG-based insurer.

Income Insurance continues talks with Allianz

It announced its interest in a transaction last 14 June.

Health insurance essential, but too much can rack up prices: MOH

With rising claims, insurers are barely profiting from health insurance.

IRAS, MAS revise tax treatment of insurance reserves

Previously, reserves were non-deductible as estimates of contingent liabilities.

FWD Singapore, Income Insurance partner amidst EV demand

Existing motor policies at FWD Singapore will remain unaffected.

Tokio Marine opens new financial advisory arm in Singapore

The life insurer aims to offer a more integrated financial service experience.

Prudential Singapore gets new CEO

She will also manage Prudential Financial Advisers Singapore. 

Income Insurance in talks with Allianz over shares

The transaction is not, in any way, final.