Singapore
Singapore’s life insurance industry dips 9.7% in 9M23
Singapore’s life insurance industry dips 9.7% in 9M23
The life insurance industry reported a YTD total of S$3.5b in weighted new business premiums.
Singlife receives $179.9m capital injection from Sumitomo Life
With 23.68 million new shares, Sumitomo Life now owning a 27.001% share.
WTW opens APAC Climate Risk Centre in Singapore
It concentrates on evaluating and quantifying both physical and transition climate risks.
Manulife Singapore targets rapidly growing high-net-worth market
New data suggests young beats old in appetite for investments.
FM Global names new EVP of EMA, APAC, and Canada
He will take on his role beginning 1 January 2024.
20% of Singapore’s motor insurance claims are fraudulent – GIA
One of the biggest insurance frauds in Singapore falsely claimed about S$1.6m.
Health insurance amongst top five benefits S’poreans are looking for in jobs: Survey
Eight out of 10 companies are facing tough competition when hiring.
MSIG bolsters EV coverage in Singapore
Electric vehicle usage in Singapore surged 200% since 2021.
Great Eastern profit attributable to shareholders grew 21% in Q3
It increased to $180.2m.
CapitalSG acquires majority stake in a digital health and insurance company
As part of the investment, BIMA MILVIK's holding company has relocated from Sweden to Singapore.
United Overseas Insurance’s profit more than doubles in 9M23
Year-to-date, net earnings reached S$18.3m in September versus the S$8.2m last year.
SG’s bolttech partners with Three Sweden for gadget protection
The insurance is underwritten by AIG.
Liberty Mutual Re names Alex Koh as senior underwriter in Singapore
Koh will be managing and expanding LM Re's existing reinsurance portfolio.
Singlife offers one year free life insurance coverage to caregivers
It is given to the first 200 who successfully sign up for SG Assist’s new membership programme.
Singapore’s general insurance industry to hit S$7.35b in 2028
The industry will grow at a compound annual growth rate (CAGR) of 5.8%.
Etiqa shares how its small beginnings can create a name in the insurance industry
Customer centricity, modern capabilities, and humanising the insurance offerings can make a difference, says the CEO.
One in four young seniors do not have a ‘robust retirement plan’: study
Research on Successful Ageing (ROSA) said only 27% have a “robust retirement plan.”
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