AIA Singapore has announced an initiative to help customers better understand their insurance policies and improve their financial literacy in a continued bid to bridge the nation's protection gap. Through this initiative, the organisation aims to encourage more Singaporeans to attain adequate protection.
Zurich Insurance Singapore has appointed Mr Nixon Ooi as head of accident and health. In his new role, he will be responsible for leading the underwriting, portfolio management and proposition development for accident and health.
AIA Singapore yesterday announced an initiative to help customers better understand their insurance policies, improve their financial literacy in a continued bid to bridge the nation's protection gap.
Etiqa Insurance Singapore (Etiqa Singapore) has been appointed as the official fire insurer for the Housing and Development Board's (HDB) Fire Insurance Scheme.
Singapore-headquartered regional InsurTech Igloo has announced that it has expanded its digital platform, Ignite, to the Philippines.
Singapore's life insurance industry achieved a total of S$2.86bn ($2.16bn) in weighted new business premiums for 1H2024, an increase of 30.4% compared to the corresponding period a year ago, announced the Life Insurance Association, Singapore (LIA Singapore).
Price Forbes Singapore has appointed Mr Julian Coates as chief broking officer, subject to regulatory approval. In his new role he will be responsible for developing Price Forbes' broking strategy in APAC and support its overall business growth.
The General Insurance Association (GIA) of Singapore has launched its Myinfo Reporting service.
The Monetary Authority of Singapore (MAS) encourages all insurers, both local and foreign, to continually innovate, adopt best practices and ensure robust risk management. This will foster a competitive insurance market that offers choice, value and stability to protect the interests of policyholders.
The operating performance of Singapore-based non-life insurer, United Overseas Insurance (UOI), is very strong, supported by exceptionally strong and consistent underwriting results, which have led to highly stable overall earnings over time, said AM Best.