Australasia's specialist insurance & risk law firm Wotton + Kearney officially opens its Asia hub in Singapore this week, establishing itself as a major legal player in insurance and risk across the Asia Pacific region. Wotton + Kearney's Asia move represents a first for an Australian-domiciled insurance and risk law firm.
At the 50th annual general meeting, the Singapore Insurance Institute (SII), elected its council members for the 2024/2025 term:
INCOME Insurance is currently "in discussion" with European insurer Allianz on a transaction relating to Income's shares, it said recently. The statement follows media reports that the two insurers are in talks about a possible tie-up, which could see Allianz buying a stake in Income, or a partnership agreement.
Income Insurance has announced that it is currently in discussion with German global insurer Allianz on a transaction relating to the shares of the Singapore company.
The Bank for International Settlements (BIS) and the Monetary Authority of Singapore (MAS) have developed a blueprint for a platform that integrates regulatory and climate data to help financial authorities identify, monitor and manage climate risks in the financial system.
The insurance market in Singapore continued to adjust to the evolution of risk over the past 12-24 months, noted Aon, a leading global insurance broking company.
Sun Life Assurance Company of Canada Singapore Branch (Sun Life Singapore), in collaboration with global sport for social change foundation, Beyond Sport, is leveraging basketball and education to foster healthier communities in Singapore.
Prudential Singapore (Prudential) has introduced an indexed universal life (UL) insurance product, PRUVantage Legacy Index (PVLI) to address the growing protection and legacy planning needs of high net worth (HNW) individuals in Singapore.
Manulife Singapore has announced significant enhancements to its Manulife Pro programme, aimed at raising the bar for excellence and improving service quality within the insurance sector.
The Monetary Authority of Singapore (MAS) yesterday issued an updated set of Guidelines on Fair Dealing. A key change is that the scope of the Guidelines has been expanded to apply to all financial institutions (FIs), and all products and services they offer to their customers.