The Life Insurance Association, Singapore (LIA Singapore) yesterday announced the election of its Management Committee at the Association's Annual General Meeting (AGM) held on 3 March 2021.
Symbo Platform Holdings, a Singapore-based InsurTech platform, has completed a $9.4m funding round led by CreditEase FinTech Investment Fund. The round also saw significant participation from San Francisco-based investment firm Think Investments along with follow-on investment from existing investors Integra Partners, Insignia Ventures and AJ Capital.
A tight market is likely to continue in Singapore, at least through the first half of 2021 as the COVID-19 situation evolves, says Aon, a leading global professional services firm providing a broad range of risk, retirement and health solutions.
Great Eastern Holdings' total weighted new sales (TWNS) rose 23% y-o-y to S$1,545.3 million (US$1,172.2 million), according to its financial results for year ended 31 December 2020.
The Monetary Authority of Singapore (MAS) is proposing revisions to rules and guidelines for insurers on enterprise risk management (ERM), investments and public disclosure requirements.
Great Eastern Holdings (GEH) has announced that its profit attributable to shareholders declined by 4% decrease to S$960.6m ($727.6m) for the year ended 31 December 2020 (FY2020) amid less favourable financial market conditions for the year, particularly in 1Q2020, compared to last year.
Singapore has seen nearly 8.5m web threats in 2020, an 82% increase from the 4.6m in 2019, according to the latest research from Kaspersky. Despite this seemingly high number, the nation places sixth in Southeast Asia - the lowest in the region - and 154th globally, when it comes to the dangers associated with surfing the internet.
Changing career might seem daunting, but it can also be one of the most rewarding experiences. Here is the story of Ong Pei Yi, who made the shift from a former Cabin Crew to now a Great Eastern Agent of Life.
A parliamentary question was filed by Member of Parliament Desmond Choo on trading fuelled by online discussions and social media chat groups.
Singapore's life insurance industry recorded a total of S$4.38bn ($3.3bn) in weighted new business premiums in 2020, a positive 3% growth, compared to 2019, says the Life Insurance Association, Singapore (LIA Singapore) in a statement.