Magazine

Read the latest edition of AIR and MEIR as an Interactive e-book

Nov 2026

Market Profile


Singapore

The APAC insurance market according to Verisk: a diverse region on the move

Singapore plays a role as the gateway to a digitising APAC, where an appetite for better data, cleaner workflows and more connected trading is reshaping how the market operates.
 


Building on government initiatives to advance sustainable healthcare

Private insurers have a role to play in the proactive health space through education and advocacy for preventative care and early intervention.
 

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Compounding factors shift insurer focus to healthspan

An ageing population, soaring medical costs and prevalence of chronic disease are threatening the future sustainability of health insurance in Singapore. 
 

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Navigating claims profitably, and climate risk sustainably

While claims outcomes are affected by inflation, higher material costs and supply chain pressures, insurers also have to face increasingly unpredictable climate patterns.
 

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Regulatory reforms shape MDW insurance

Following Singapore’s Ministry of Manpower’s implementation of enhanced medical insurance requirements for migrant domestic workers, the relevant insurance segment has undergone a structural change.
 

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HDI Global bets on specialist depth as Singapore's role as a regional risk hub evolves

As Singapore’s reputation as a regional hub for the (re)insurance industry grows, the industry must also stay abreast of the new demands developing in the market.
 

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Robust economic indicators driving insurance industry growth in 2026

Singapore’s insurance industry is maintaining its growth momentum in 2026, while navigating global economic unpredictability with a cautious and agile strategy.
 

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