Singapore

Singapore general insurers to end COVID-19 relief measures

The sector-wide financial relief measures will conclude on 31 December 2021.

Chubb reshuffles leadership in Asia

New leaders were appointed for Singapore and Hong Kong.

LIA and IMAS relaunches national funds data platform

The new platform has been made user-friendly with several features added.

Microinsurance: More than meets the eye for insurers

The impact of COVID-19 has exemplified the need to insure against individual and business risks of various kinds. At the same time, changing consumer behaviour is leading to varied demands of risk protection that are not limited to life, accident or health coverage. 

Chubb names Singapore division head of international line 

The new Singapore head has been with Chubb since 2014.

Richmond Reinsurance Brokers enters Taiwan market

The Singapore-based reinsurance broker has set up a new subsidiary in the country.

Mitsui & Co. acquires majority stake in Singapore broker PHA

Mitsui plans to rebrand the Singaporean broker.

Millennials are Singapore's new ‘sandwich generation’: survey

The youngest millennials are now part of the workforce.

Singapore general insurance industry to skyrocket to $4.2b by 2025

It is expected to grow at a compound annual growth rate of 5%.

FWD Singapore and Surer launches maid insurance plan

Customers can pick and choose from a list of 10 product features based on their needs.

Gallagher hires new senior execs to supercharge Asia growth

Thomas Wang and Leng Leng Ng will lead Asia and Singapore.

Singapore life insurance sales skyrockets by 38% to S$4.11b

Sale of single-premium products surged to 28% for Q3.

LIA backs government’s new process for claims disputes

The Clinical Claims Resolution Process was established on 9 November.

Only 1 in 10 Singapore millennials has their gadgets insured: survey

This is despite almost 80% saying they would be distressed if they lose their gadgets.

Sun Life pledges to reach net zero by 2050

The insurance firm also plans to cut down its own operational emissions by 30% by 2030.

8 out of 10 Singaporeans open to private mental health insurance

Consumers are keen to be covered for conditions such as anxiety and depression.