Singapore residents are adopting a positive mindset with more than 1 in 2 (54%) indicating that financial readiness in the long run is more important to them in 2025 compared to the previous year, according to findings from the seventh edition of of an "AIA Live Better Study" released yesterday.
The AIA Group is expected to report a 23% year-on-year growth in its value of new business (VONB) for the fourth quarter of 2024, driven by a rebound in China and strong sales in Hong Kong and Singapore, according to UOB KayHian.
eCommerce platform Lazada, and technology provider Peak3 have formed a JV to set up a new digital and embedded insurance ecosystem in South East Asia.
AIA Singapore and Raffles Hospital have signed a Memorandum of Understanding (MoU) to provide greater access to healthcare services and co-create innovative solutions to drive quality of care and ensure patient outcomes.
AIA Singapore and Raffles Hospital have signed a Memorandum of Understanding (MoU) to jointly pursue key initiatives, which will enhance Singapore Residents' access to quality healthcare services at Raffles Hospital.
Prudential Singapore and Standard Chartered are celebrating 25 years of partnership, the longest-standing bancassurance partnership on record in Singapore and Asia by launching an empowerment programme for the next generation by imparting knowledge on money management and financial responsibility.
Tokio Marine Life Singapore (TMLS) has appointed Mr Alistair Chamberlain as CEO; Mr Jun Tokura as chief distribution officer, in addition to his role of deputy CEO and Mr Kapil Jain as CRO.
Price Forbes Singapore has appointed Mr Alex Davies as director of power, downstream and renewables, a new specialism in the country. In his new role, he will advise and service clients across power, downstream and renewables.
The life insurance sector in Singapore, which experienced a strong rebound in 2024, is poised to maintain its upward trajectory into 2025. With growing consumer interest in sustainable insurance products and ongoing advancements in digital transformation, the industry is well-positioned to meet emerging demands.
Markel has appointed Ms Wanshi Lin as head of Singapore. In this newly created role, she will oversee the company's underwriting team in the country and spearhead business planning and market engagement on the company's Lloyd's Singapore platform.