The actuarial profession will need to evolve as Singapore and Asia face a world of increasingly complex, interconnected and consequential risks, according to Mr Alvin Tan, a Board Member of the Monetary Authority of Singapore who is also Minister of State, Ministry of Foreign Affairs and Ministry of National Development.
The Monetary Authority of Singapore (MAS) yesterday announced a set of measures to strengthen Singapore's competitiveness as a leading asset management hub.
MSIG Singapore has become the first general insurer in Singapore to publish a standalone claims transparency report, which covers payout volumes, processing speeds, and settlement ratios across motor, travel, work injury compensation and commercial lines.
Etiqa Singapore has announced the official appointment of Ms Claudia Soh as its CEO. Over the past six months, Ms Soh served as Acting CEO while continuing in her role as CFO.
The reality of life is that many people will live 100 years or longer, whether they want to or not.
As insurance literacy rises in Singapore, policyholders increasingly expect their coverage to absorb the bulk of their medical expenses-a misconception that requires urgent correction, according to AIA Singapore's Chief Marketing and Healthcare Officer, Irma Hadikusuma.
Mount Elizabeth Royal Square, a private day surgery centre, has been added to Prudential Singapore's PRUPanel Connect panel network with e?ect from 1 August 2026. The empanelment was commemorated at a signing ceremony between Parkway Hospitals Singapore and Prudential.
Manulife has appointed Mr Jeremy Young as Chief Distribution Officer, International Brokerage, Global High-Net-Worth.
Canada Life Re has announced the formation of its new regional office in Singapore, and appointed Mr Wil Chong as CEO to lead the entity.
Insurance can walk the health and life journey with individuals because the insurance business has always been about the long term, with decisions grounded in projecting health risks, medical inflation, and ensuring sustainability over time, according to Ministry of Health Permanent Secretary (Policy and Development) Ms Lai Wei Lin.