Manulife Singapore is rolling out several digital initiatives in light of the anniversaries of its two advisory arms.
Only about one fourth (26%) of executives surveyed in Singapore consider cyber risk as their greatest threat, however, 87% believe they are prepared to counter the cyber risks, indicating a false sense of security according to a new report by specialist insurer Beazley.
Businesses should take a holistic approach by addressing people, processes and technology within their organisations, to mitigate effectively cyber risk in Singapore's evolving threat landscape, according to MSIG Singapore senior vice president (technical services) Jeremy Lian.
The Singapore cyber insurance market has seen some sharp shifts over the past year, said MSIG Singapore senior vice president (technical services) Jeremy Lian.
Markel Insurance has appointed Ms Collin Sim as casualty underwriter. This is the company's first dedicated casualty underwriting position in Singapore. In her new role, she will be responsible for developing Markel's casualty presence in Southeast Asia and the broader Asian market.
It was found that nearly all Singaporean respondents (89%) rated customer communications as important in their overall experience, with almost two-thirds (63%) saying that they would switch away from a company if communications did not meet their expectations, according to the 2025 Global B2C Benchmark Report by Smart Communications.
Many small- and medium-sized enterprises (SMEs) shield themselves through a false sense of security from the reality of cyber risk, Etiqa Insurance Singapore CEO Raymond Ong has said.
Mitigating cyber risk requires a mindset shift from viewing cyber security as an IT issue to seeing it as a critical business priority, according to Etiqa Insurance Singapore CEO Raymond Ong.
As populations across Asia continue to age rapidly-particularly in markets like Hong Kong, Singapore, Japan, Korea and even in mainland China-the insurance industry finds itself at a critical juncture. A recent roundtable hosted by Verisk gathered industry experts to examine the multifaceted impacts of ageing and rising chronic illnesses on healthcare and insurance, and how these challenges could reshape the sector in the next decade.
Prudential Singapore (Prudential) has unveiled a special $880,000 SG60 community investment to celebrate Singapore's 60th birthday and its office move to Labrador Tower.