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Singapore's new business premiums in life insurance up 1% to $687.16m in Q1
The uptake in annual premium buys offset the decrease in single premium product purchases.
Great Eastern Holdings' profits soar 124% to $342.7m in Q1
Gross premiums rose 6% thanks mySalam Scheme contributions.
Motor insurance plan for new and young drivers launched in Singapore
Policyholders attending a safe driver programme can have additional premium loading cut by 10%.
AIA Singapore ties up with digital healthcare firm WhiteCoat to offer telehealth services
They will also co-create a digital integrated platform for telemedicine claims processing.
Allianz PNB Life appoints Alexander Grenz as CEO
He served as its COO for over three years.
CIMB Singapore unveils pet insurance for dogs and cats
Policy plans start at S$74.90 per year.
Manulife expands to Myanmar
This marks its 13th market in Asia.
NTUC Income and ZhongAn tie up to develop digital insurance products
They aim to roll out a lifestyle insurance product for the tourism sector by Q2.
Mitsui Sumitomo Insurance sets up digital hub in Singapore and Tokyo
It is located on SGX Centre 2.
Etiqa Insurance launches new savings plan
It guarantees a payout of 3% per annum for the first 6 years.
MSIG Singapore names Craig Ellis as CEO
Ellis has over 40 years of experience occupying senior positions in Allianz, Old Mutual and Charles Monat Associates.
Chubb names Serene Neo as Singapore division head of accident & health
She previously spearheaded the development of retail banking and payment products at a local bank.
Grab ventures into SME lending and micro-insurance
One product is a post-paid and installment payment service called Pay Later.
APAC insurance deals up 40% in 2018: report
There were 59 completed M&As last year from 42 in 2017.
Great Eastern offers modular insurance plans in Samsung Pay
Available products include a personal accident plan and a home insurance plan.
E-commerce firm Synagie Corporation unveils lifestyle insurance mobile app
Kaisu.me will provide a 12-month accidental screen damage protection for new mobile phones.
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