The Singapore Reinsurers' Association (SRA) has announced that this year's 19th Singapore International Reinsurance Conference (SIRC) will be an all in-person event following the overwhelming success of last year's in-person event, which drew a record attendance of over 2,200 delegates from 62 countries.
The deprioritising of social and environmental initiatives by small and medium-sized enterprises (SMEs) in Singapore is potentially leading to worsening workplace safety and health (WSH) performance, according to QBE Insurance's yearly survey that examines the key concerns and challenges faced by SMEs in Singapore.
Singaporeans are living longer, and yet, only 59% are confident they will be healthy enough to live well to age 80 or beyond according to a report commissioned by Prudential Singapore and written by Economist Impact.
Traditional insurance brokers primarily focuses on securing insurance coverage for their clients, but the broker of the new age must be more than that, said Singapore Insurance Brokers' Association president Ng Leng Leng.
FWD Group Holdings (FWD) is expanding its financial literacy programme, JA SparktheDream, to span seven markets in Asia as part of its 10th anniversary year community initiatives. Developed in partnership with Junior Achievement Asia Pacific (JA), the programme integrates financial, social and life skills education for students to help boost financial literacy in the region.
Global specialty (re)insurer Canopius has announced it is the first carrier on the Lloyd's Asia platform to underwrite its digital asset custody product from Singapore, and provide coverage regionally.
Singapore-headquartered international InsurTech, bolttech, has announced that it has raised $196m in connection with its Series B, with an up-round valuation of $1.6bn.
Aon, a leading global professional services firm, yesterday announced the launch of a new climate innovation hub in Singapore. Supported by the Singapore Economic Development Board (EDB), the hub will help Aon's clients around the world navigate environmental risk and opportunities.
Singapore's life insurance industry recorded a total of S$1.05bn ($784m) in weighted new business premiums for 1Q2023, a decrease of 13.6% compared to 1Q2022, says the Life Insurance Association, Singapore (LIA Singapore).
Under Singapore's Deposit Insurance Scheme (DI), the savings of nearly 89% of the depositors up to S$75,000 ($56,200) per depositor per participating financial institution are fully protected according to a statement by the Singapore ministry of trade and industry.