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

Nov 2022

Market Profile


Insurance regulation in Singapore

The country is urging insurers to prepare themselves against volatile economic conditions and emerging risks. Singapore regulator MAS spoke to Asia Insurance Review about its plan to support the industry.

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Market recovery hampered by inflation

Singapore’s non-life insurance industry is beginning to bounce back from the pandemic, following the gradual recovery of the economy. However, rising inflation is proving to have a negative impact on insurers’ bottom-line.

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InsurTechs collaborate and innovate

Singapore continues to be a hotbed of InsurTech activity with 104 players currently registered with the Singapore Fintech Association.

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Global issues to drive hard market well into 2023

We spoke to some reinsurance experts to get their thoughts on issues unique to Singapore and what they expect to see in the upcoming 1/1 renewals.

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Legal view of insurance regulation

There are some areas of Singapore’s regulatory framework where insurers need guidance and support. Asia Insurance Review spoke to law firms for insights.

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Singapore life sector remained resilient

Singapore life insurance has remained resilient despite the pandemic-induced upheavals. The increased awareness of wellness and health and financial protection catalysed life insurers to innovate to meet emerging demand.

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Singapore insurance industry in good shape

The life and general insurance sectors have continued to showcase stable growth patterns during the first half of 2022 and the whole of 2021. Both segments are forecast to grow at respective CAGR of 8% and 5% over 2020-2025.

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Customer obsession for life companies

Life insurance sometimes seems increasingly commoditised. We asked Manulife Singapore’s Dr Khoo Kah Siang about designing and developing new products.

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Bite sized - but big potential

Bite-sized insurance covers, premiums and plans are all the rage, especially with Gen Z.

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