The 2024 Singapore Actuarial Conference, themed 'Creating Resilient Actuaries for Tomorrow' explored the challenges and opportunities for actuaries in the insurance industry. This includes developing products and services to meet the needs of individuals, businesses and governments, discussions around sustainability in medical insurance, the use of AI in healthcare and health insurance and the ever-evolving cyber threat landscape.
Respondents to a financial survey in Singapore believe that they need approximately S$612,045 ($469,870) to be considered financially free, up by 8% from S$566,640 in 2023.
Prudential has expanded its alliance with Google Cloud to develop artificial intelligence (AI)-powered products and solutions.
More concerted efforts may be needed to boost the financial preparedness of youth in Singapore, according to the latest ASEAN Consumer Sentiment Study (ACSS) 2024 by Singapore-headquartered UOB, a leading Asian bank.
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.
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.
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.
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).