Read the latest edition of AIR and MEIR as an Interactive e-book

Magazine

Jun 2020

Country Profile


Singapore

Working hard against the headwinds

Life insurers in Singapore are attempting to make sure their customers stay safe and healthy and their businesses remain afloat.
 

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Setting the trend for life insurance

The winner of the Health Insurer of the Year award at last year’s Asia Insurance Industry Awards continues its trend of non-stop innovation and customer-first business in 2020.
 

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A symbol of Singapore's hub status

Twenty years on from its establishment, the Lloyd’s Asia platform is now a thriving and independent market that has strengthened Singapore’s claim to be a global insurance hub.
 

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Relatively steady regulation

The general sentiment on the regulatory landscape for the insurance space in Singapore has been relatively stable over the past year, from January 2019 to the present.
 

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When it rains, it pours

Singapore’s general insurance sector endured a difficult 2019 while 2020 has brought the worst pandemic in modern history to add to insurers’ woes.
 

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A leap forward for InsurTech amidst disruption

The InsurTech sector in Singapore faces the urgent need to innovate in new ways and leverage upcoming opportunities to grow.
 

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The pandemic that changed the world

A lot has been said, written and discussed about the COVID-19 pandemic. We look at the Singapore experience.
 


A reality check for reinsurers

Experts believe that losses from the COVID-19 pandemic are likely to have a major impact on the reinsurance sector in Singapore in 2020.
 

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