insurance
Singapore reinsurers warned of losses from shared AI systems
Singapore reinsurers warned of losses from shared AI systems
Common technology providers could expose multiple insurers to simultaneous failures.
1 day ago
Allianz Singapore offers $39 haze-related medical cover
Eligible policyholders can claim outpatient treatment expenses until 15 November 2026.
KoverNow widens insurance cover as collectors turn digital
AXA XL underwrites the new Singapore policies for fine art and high-value collectables.
Ransomware hits cyber insurance for 47% of Singapore firms
Semperis finds attacker use of AI was reported by 60% of affected local organisations.
Sun Life appoints three executives to lead private wealth business
The leadership changes span Singapore and Bermuda.
Allianz travel insurance covers delays up to $2,310
Overseas medical benefits reach S$2m whilst eligible travellers also receive baggage protection.
Singlife, NHG Health target high-volume digestive claims
The insurer and the healthcare group will work together to enhance specialist pathways and deliver appropriate care.
Prudential plan eases protection gap for caregivers
Children receive lifetime cover whilst parents gain protection for specified age-related conditions.
Monday Wrap: Young architects rise, insurers rethink adequacy, AI trust gaps widen
Architecture's young talent, a shift in insurance strategy, AI trust gaps, and rising bank margins mark the week.
Insurers face shift from coverage to adequacy
About 53% of residents see insurance as supporting financial independence.
Singlife launches 388-year legacy insurance plan
Policyholders can change the life assured and appoint a secondary insured person across generations.
Prudential opens unit trusts to 5,400 agents
The expansion starts in 2027 and adds wealth accumulation products to tied-agency consultations.
Etiqa ties travel insurance rewards to repeat spending
Eligible flight delays of at least three consecutive hours can trigger automatic claims payouts.
Singlife AI handles over 20% of email enquiries
Buddy has shortened average customer service handling time by 30% since its rollout.
Platform workers lack routine care despite new safeguards
foodpanda and Singlife launched a clinic-discount programme in August.
Income Insurance commits $528m to climate investments
The insurer is working toward a S$1b climate transition financing target.
Manulife eyes affluent market with two whole life insurance plans
Both offerings are denominated in US dollars and provide guaranteed death benefits.
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