Singlife has introduced new riders for its Integrated Shield Plans, alongside a Care Collab Benefit, as Singapore moves towards a super-aged society.
More than four in five insurers (82%) in Singapore say they are ahead of their competitors in adopting digital systems, yet nearly all (98%) acknowledge that legacy technology is constraining business growth, according to research from Clearwater Analytics, a comprehensive investment management technology platform (CWAN).
International specialty (re)insurance marine MGA Rokstone has appointed Ms Jackie Lan as Underwriter to its Singapore team.
Price Forbes Singapore has appointed Mr Rajiv Ramakrishnan as Head of Accident and Health (A&H).
The Asia Insurance Industry Awards (AIIA) have reached a landmark 30th year, with nominations now officially open.
Prudential Singapore is among several insurers that have introduced a slew of new supplementary plans in response to the implementation of new rules on Integrated Shield Plan (IP) riders, that address rising insurance premiums.
The International Association of Insurance Supervisors (IAIS) has released two publications, marking the completion of its multi-year cycle of assessing implementation of the supervisory material of the Holistic Framework for systemic risk in the insurance sector.
The Monetary Authority of Singapore (MAS) has announced that it will classify investment-linked policies (ILPs) as complex products, in a move seen as strengthening consumer safeguards and ensuring that buyers have an adequate understanding of the risks and features of such offerings.
The Life Insurance Association Singapore has rolled out a new financial literacy programme aimed at equipping Gen Z students with practical money management skills to support their transition into adulthood. The initiative, developed in collaboration with the Singapore College of Insurance, will be launched across participating Institutes of Higher Learning (IHLs). It will focus on real-world financial decisions such as managing income, avoiding debt, and planning long-term financial security.
Great Eastern is intensifying its focus on high-net-worth (HNW) individuals and families across Asia. Towards this goal, Great Eastern unveiled on 3 March a proposition called Great Eastern Private, created for the high-net-worth (HNW) population across Asia.