Manulife Singapore has launched two new US dollar-denominated whole life insurance solutions aimed at high-net-worth customers: Signature Life Elite (SLE) and Signature Life Prestige (SLP).
Long-held paradigms are being challenged every day in the actuarial profession, by technological changes and changes in the dynamics between institutions and geopolitics, according to Singapore Actuarial Society President Alex Lee.
Over the past few years, regulators have taken action in the life insurance industry-modifying critical illness definitions, adjusting war and pandemic coverage, and occasionally mandating the inclusion of specific benefits in products.
Singapore Actuarial Society President Alex Lee has called on actuaries to invest time and energy to study human and physical history properly, explore alternative views of risk and optimise their work for long-term survival.
Poni Insurtech, the international brand of Huize Holding, has announced that Poni Financial Advisory has expanded its authorised financial advisory activities in Singapore to include advising on collective investment schemes, following approval from the Monetary Authority of Singapore (MAS) at the end of July 2026.
New research from insurance-based wealth solutions provider, Utmost, has revealed a growing adoption and awareness of international wealth insurance across Asia.
Advisory channels remained the main route for Singaporeans buying life insurance in the first half of 2026, with financial advisory (FA) representatives and tied representatives accounting for 79.4% of all new policies purchased during the period.
Allianz Asia Pacific reported strong first-half results for 2026, with operating profit excluding India rising 11.4% to EUR455m. Life and Health operating profit increased 6.4% to EUR358m ($419m), while P&C operating profit surged 35% to EUR97m. New Business Value (NBV) rose 3.9 per cent to EUR396m, while excluding Thailand, NBV increased 16.5% to EUR319m, led by China, Indonesia and Malaysia. The insurer also reported an 8% increase in Present Value of New Business Premiums (PVNBP) to EUR4.5bn.
SEADRIF Insurance Company has appointed Ms Felicia Khoo as Strategic Development Lead.
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.