Gen Zs are particularly concerned about maintaining their independence and avoiding social isolation in old age, according to a study sponsored by Prudential Singapore (Prudential").
Acclaim Insurance Brokers, Singapore's leading risk consulting and insurance broker, celebrates its 40th anniversary by receiving the prestigious Enterprise 50 Award for the second time, the company announces in a media statement.
Chaucer has appointed Mr Jonathan Ng as class underwriter in political risk.
The Monetary Authority of Singapore (MAS) has made amendments to rules on Product Development and Pricing (MAS Notice 302) and Direct Purchase Insurance Products (MAS Notice 321) that ease the product approval process.
Prudential has launched its global Artificial Intelligence (AI) Lab in Singapore, strengthening its commitment to integrating advanced AI technologies across its operations. Officiated by Mrs Josephine Teo, Minister for Digital Development and Information, and Prudential CEO Anil Wadhwani, the launch underscores Singapore's standing as a hub for AI innovation.
Prudential officially launched the Prudential AI Lab in Singapore, on 19 November 2024, marking a significant milestone in the local insurance sector.
Researchers have used machine learning to design a more cost-efficient insurance contract that could better protect farmers against weather risks arising from climate change.
Singlife has launched Singlife Whole Life Choice, a customisable, participating whole life protection plan that offers customers the flexibility to take care of themselves and their loved ones through each life milestone.
The Insurance Culture and Conduct Steering Committee (ICCSC) yesterday announced the launch of its new action plan to strengthen trust in Singapore's insurance industry.
The OCBC Financial Wellness Index 2024 has found that DINKs (Dual Income, No Kids) trail parents on eight out of the 24 OCBC Financial Wellness Index indicators. Notably, retirement planning is a key indicator where DINKs fare considerably worse than parents (score of 33 vs 44).