Insurance can walk the health and life journey with individuals because the insurance business has always been about the long term, with decisions grounded in projecting health risks, medical inflation, and ensuring sustainability over time, according to Ministry of Health Permanent Secretary (Policy and Development) Ms Lai Wei Lin.
As people live longer, more are asking the questions, "What will the quality of those years look like?" and "ow do we live longer with health, dignity, independence and purpose?", according to AIA Singapore CEO Wong Sze Keed.
Ascend Asia Financial Services Group (Ascend Asia) has opened Ascend Asia Wealth Centre, Singapore's first dedicated wealth advisory centre built around an open-architecture model.
Geopolitical instability, accelerating digitalisation and the global shift toward clean energy are reshaping Singapore's maritime insurance sector, according to Mr Cao Yueming, Vice President of Marine at MSIG Insurance (Singapore).
Etiqa Insurance Singapore has launched Enrich Index Income, a non-participating endowment plan that combines index-linked returns with capital protection at maturity.
HSBC's sale of its Singapore insurance business is expected to enhance the capital positions of the bank with a higher CET1 ratio.
MSIG Singapore has partnered with the newly launched non-profit organisation, Cybersecurity Association Singapore Limited (CASL), to strengthen cyber protection and resilience among for small and medium-sized enterprises (SMEs) in the country.
Tysers Singapore has appointed Ms Prantika Sengupta as Director of Marine Claims and Client Relations.
AIA Singapore will introduce enhancements to its corporate employee benefits insurance from 1 August 2026, expanding access to healthcare services in Singapore and Malaysia at no additional premium cost.
Singaporeans may be increasingly turning to artificial intelligence (AI) to support their financial decisions, but most still prefer to work with financial advisers, particularly when making important long-term financial decisions, according to a survey by MDRT.