insurance

Income Insurance seeks to fill billion-dollar financing gap in climate transition

 The region skimmed its carbon intensity by 2.8%, far below the 17.2% needed.

Allianz plans to acquire majority stake in Income Insurance for $1.64b

This is also equivalent to a 51% majority stake in the SG-based insurer.

Income Insurance continues talks with Allianz

It announced its interest in a transaction last 14 June.

Health insurance essential, but too much can rack up prices: MOH

With rising claims, insurers are barely profiting from health insurance.

IRAS, MAS revise tax treatment of insurance reserves

Previously, reserves were non-deductible as estimates of contingent liabilities.

FWD Singapore, Income Insurance partner amidst EV demand

Existing motor policies at FWD Singapore will remain unaffected.

Tokio Marine opens new financial advisory arm in Singapore

The life insurer aims to offer a more integrated financial service experience.

Prudential Singapore gets new CEO

She will also manage Prudential Financial Advisers Singapore. 

Income Insurance in talks with Allianz over shares

The transaction is not, in any way, final.

Singlife cuts costs by $4m yearly with AWS integration

At least 70% of its staff earned at least one AWS certification.

Prudential Singapore unveils indexed universal life plan for HNWs

This plan aims to provide coverage against market uncertainties.

Zurich Insurance Singapore apoints new claims chief

Graves has been with Zurich for eight years.

NTU and GAIP launch AI-focused insurance competition

The competition offers a total prize pool of S$20,000.

MAS crackdown exposes dishonesty amongst ex-agents

These agents were representatives of Prudential and Manulife.

Singlife launches new digital wealth booster

The plan offers a guaranteed annual yield of 3.25%.

Singlife introduces first market insurance for dementia care

Dementia is the 5th leading cause of disability in the country.