insurance
MegaChem receives $4.4m insurance payout for July warehouse fire
MegaChem receives $4.4m insurance payout for July warehouse fire
In total, they have received $12.3m in insurance payouts.
AIA’s net profit surges 47.2% YoY in H1 2024
EPS stood at $0.30.
MAS banks on financial institutions to enforce robust IT security
All FIs in Singapore must comply with the Personal Data Protection Act (PDPA).
MSIG uses WhatsApp to streamline SME insurance process
SMEs constitute 99% of business in Singapore.
AIA to simplify policy language amidst customer feedback
Difficulty in understanding the terms is seen as the top reason.
SG's life insurance total weighted new business premiums surge 27% YoY in H1'24
Employment in the market was stable, a slight decrease of 0.5% versus last year.
Allianz's H1 2024 solid, Income to reap double-digit ROI
Its net income surged double-digit YoY.
NTUC Enterprise, Income Insurance defend Allianz deal amidst stakeholder concerns
Suee Chieh Tan claimed that NTUC Enterprise raised its stake in the co-operative.
Singlife's GROW platform expands with low-fee JPMorgan fund
The share class is designed to help CPF members meet long-term retirement goals.
Allianz acquisition aims to enhance Income Insurance's capabilities: NTUC Enterprise
The Singaporean insurer needs strong and continuous capital support.
Claims submission office opens in Singapore for Marine Honour oil spill
Whilst the shipowner is liable for damages, their liability is capped.
Red flags raised in Singapore's malpractice claims environment
These cases could see increased awards and higher premiums.
United Overseas Insurance Profits Rise 14.9% YoY in H1 2024
Thanks to a surge in its dividend income on a year-on-year basis.
Income Insurance keeps affordable insurance offerings post-deal: NTUC Enterprise
It will still participate in national insurance programmes with the CPF Board.
AIA Singapore gifts 6-month free coverage for national day
It plans to provide six months of complimentary insurance coverage.
Allianz Partners Expands SIA Insurance Offer in Australia
Passengers can purchase insurance during the booking process.
Allianz’s acquisition won’t have impact on market: Fitch Ratings
This deal will make it the largest property and casualty insurer in Singapore.
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