Insurance
Great Eastern Q2 2026 profit surges 103% to $392.5m
Great Eastern Q2 2026 profit surges 103% to $392.5m
Shareholders will receive an interim dividend of 35 Singapore cents per share on 28 August.
Singlife launches zero-fee CPF portfolios for retirement
Singaporeans can invest their CPF funds across 3 portfolios starting from just $200.
Allianz buys HSBC Life Singapore for $2.1b
The agreement includes a 15 year exclusive bancassurance partnership through HSBC.
Prudential targets wealthy clients with $500,000 legacy cover
Policyholders can divide premiums across the S&P 500 and more.
MAS proposes PCC model for separate insurance risks in one entity
The move supports captive insurance and alternative risk transfer.
Industrialising AI pilots is insurers’ next enterprise test
Prudentials Mohit Tandon said usage is now the million-dollar question.
Human oversight remains central as insurers adopt agentic AI: valantic
Agentic AI handles verification and analysis whilst people make final decisions.
Organised fraud forces banks and insurers to pool intelligence
AI alone won't stop it, OCBC warns as criminal networks grow in scale.
Asia insurers risk irrelevance as protection gaps widen
An expert said Singapore saves 36% of its income despite having high protection and critical illness gaps.
Insurers chase AI gains as workers fear job losses
Ninety-two million jobs may be displaced by AI by 2030.
Singapore eyes new corporate structure for insurance risk transfer
MAS says the framework could speed up risk transfer to capital markets.
Income sells digital insurance platform to Embed Financial
The digital insurance platform was built inside Income over the past five years.
Income Insurance names DBS veteran Lim Sim Seng as chairman
The board shake-up takes effect 1 July as the firm advances governance reset.
Insurers expand beyond protection into wealth planning
Only 41% of consumers own life insurance.
Income Insurance shareholders gain exit route via AltaX
Phillip Securities will handle share sales under the revived liquidity arrangement.
Igloo deploys AI travel insurance sales channel in Indonesia
It handles discovery to policy issuance in single conversational flow.
KoverNow launches watch insurance through Watch Exchange
Luxury timepiece buyers can secure worldwide protection at checkout or later.
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