Electric vehicles (EVs) now account for the majority of new car registrations, and have reached a defining milestone in Singapore.
The Monetary Authority of Singapore (MAS) has issued a consultation paper proposing to establish a legislative framework for a new Protected Cell Company (PCC) corporate structure. This new framework is expected to be implemented in 2028 and will be available for several insurance use cases to start with.
The Monetary Authority of Singapore's (MAS) proposed Protected Cell Company (PCC) framework has the potential to be a major advancement for Singapore's insurance and risk financing landscape, reinforcing the country's position as a leading insurance, reinsurance and alternative risk transfer hub in Asia.
The Monetary Authority of Singapore's (MAS) proposed Protected Cell Company (PCC) framework will give Singapore a structure which can better accommodate specific public sector needs, according to the CEO and Executive Director of SEADRIF, Mr Benedikt Signer. The framework will lower the cost and time of setting up new risk transfer arrangements, which means more room to explore new programmes.
DAC Beachcroft (DACB) has appointed Mr Andrew Robinson as Location Head of its Singapore office for a three-year term, effective 1 June 2026.
Despite growing awareness of home insurance, many Singapore households remain underinsured because they mistakenly believe their mandatory HDB fire insurance provides comprehensive protection, according to ECICS CEO Choi Kin Seng.
A total of 48 finalists have been revealed for the 11th Asia Trusted Life Agents & Advisers Awards, representing a group of accomplished agents and advisers from 13 markets and 39 different companies across the region.
When thinking about insurance, technology is not always a top board item. But in today's context, technology that senior executives of an insurance company use on a daily basis is "creating a different dynamic in the boardroom".
ITC Asia 2026 opened in Singapore yesterday, 30 June, Tuesday, with a flurry of workshops, that remained true to the themes it would be exploring in this year's edition of the event.
VIG Re has announced that it has fulfilled all applicable requirements, including the required regulatory approval from the Monetary Authority of Singapore (MAS), to establish its Representative Office in Singapore. This marks a significant milestone in the company's strategic expansion into Asia under its VIGRe28 strategy.