Geopolitical instability, accelerating digitalisation and the global shift toward clean energy are reshaping Singapore's maritime insurance sector, according to Mr Cao Yueming, Vice President of Marine at MSIG Insurance (Singapore).
Etiqa Insurance Singapore has launched Enrich Index Income, a non-participating endowment plan that combines index-linked returns with capital protection at maturity.
HSBC's sale of its Singapore insurance business is expected to enhance the capital positions of the bank with a higher CET1 ratio.
MSIG Singapore has partnered with the newly launched non-profit organisation, Cybersecurity Association Singapore Limited (CASL), to strengthen cyber protection and resilience among for small and medium-sized enterprises (SMEs) in the country.
Tysers Singapore has appointed Ms Prantika Sengupta as Director of Marine Claims and Client Relations.
AIA Singapore will introduce enhancements to its corporate employee benefits insurance from 1 August 2026, expanding access to healthcare services in Singapore and Malaysia at no additional premium cost.
Singaporeans may be increasingly turning to artificial intelligence (AI) to support their financial decisions, but most still prefer to work with financial advisers, particularly when making important long-term financial decisions, according to a survey by MDRT.
Consilium has appointed Mr Ben Compton as Associate Partner. He is the latest senior member to join the company's cedant facultative risk solutions team in Singapore, which has also been granted its broking license from the Monetary Authority of Singapore.
Price Forbes Singapore has appointed Mr Craig McCoig-Lees as Head of Casualty MGA.
GROW with Singlife (GROW), an integrated investment platform under leading financial services company Singlife, has launched the GROW Alpha Series, a suite of three professionally constructed model portfolios to help Singaporeans grow their Central Provident Fund (CPF) Ordinary Account (OA) savings for retirement.