Life insurance

Sun Life Singapore launches two new indexed universal life products

The wealth accumulation plan is linked to S&P 500 performance.

Indexed life plans rise as Singapore heirs shun family firms

They offer stability and in-depth estate planning solutions.

FWD Singapore rolls out indexed universal life plan under FWD Private

The product offers allocations between a Fixed Account, currently at 4.5% per annum.

Singlife partners CapBridge to offer life and health insurance

This enables CapBridge’s financial advisers to provide Singlife policies.

Singlife warns of gap in care costs with ageing population

Long-term care costs have risen to an average of nearly S$3,000 per month.

Great Eastern unveils plans to aid multigenerational needs in Singapore

It also covers parents for late-stage critical illnesses like dementia and Parkinson’s.

Sun Life survey notes dip in insurance ownership claims

Only 8% of Singaporeans are planning more than 10 years ahead.

Manulife Singapore rolls out AI tools with advisory milestones

The firm targets 50,000 personalised portfolio check-ins annually.

Singapore life insurance industry sees 10.9% growth in Q1 2025 premiums

The growth was led by the double-digit increase in annual premium policies.

Singlife launches shared accident coverage for families

The insurer said this is the first personal accident insurance plan in the market.

Prudential Singapore launches Wealth Suite for high net worth clients

From 2023 to 2024, the insurer saw a 16% rise in its HNW customer base.

Singapore life annuity insurance market to grow by $603m by 2028

The attractiveness of fixed annuities has been a key driver.

Singapore's life insurance workforce shrinks by 2.3% in 2024

Higher demand was noted in integrated shield plans and riders coverage.