Insurance
Singapore general insurance industry to skyrocket to $4.2b by 2025
Singapore general insurance industry to skyrocket to $4.2b by 2025
It is expected to grow at a compound annual growth rate of 5%.
Only 1 in 10 Singapore millennials has their gadgets insured: survey
This is despite almost 80% saying they would be distressed if they lose their gadgets.
8 out of 10 Singaporeans open to private mental health insurance
Consumers are keen to be covered for conditions such as anxiety and depression.
Insurers surpass banks in customer experience index in Singapore
This is the first time that the insurance industry has taken the lead against banks.
Singapore life insurance records whopping $1.97m in sales
This accounts for a YoY 61% growth in H1 2021.
Great Eastern launches first green life insurance product in Singapore
The insurer will donate S$1,000 for every S$1m raised from GREAT Green SP proceeds.
FWD Singapore, Ryde extends free accidental death insurance
Passengers can also get compensated if they lose their IDs during a trip.
Only 15% of Singaporeans have adequate critical illness coverage
The Life Insurance Association recommends critical illness coverage 3.9 times the annual income.
LiquidX's Singapore entity obtains MAS insurance brokerage licence
LISS will help banks, asset managers, and corporates access trade credit insurance coverage.
Great Eastern floats free post-vaccine protection for Singapore residents
It extends a cash payout of S$200 per day of hospitalisation up to a total of S$2,000.
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