Prudential Singapore has launched PRUActive Family Care (PAFC), a whole-of-life protection plan designed for Singaporeans caring for multiple generations. The plan enables caregivers to provide protection for both their child and ageing parents under a single policy.
Singapore government has initiated the process to amend the Maritime and Port Authority of Singapore (MPA) Act 1996. The Maritime and Port Authority of Singapore (Amendment) Bill was introduced for First Reading in Parliament on 6 October 2026.
Great Eastern has welcomed Mr Hicham Raissi as Managing Director, Group Head of General and Group Insurance.
SG Re has secured in-principle approval from the Monetary Authority of Singapore for registration as a general reinsurance broker, and will be commencing operations by October once its registration is complete.
Mitsui Bussan Pana Harrison has announced the appointment of Ms Alice Lim as Head of General Insurance.
The Monetary Authority of Singapore (MAS) has issued its Guidelines on Artificial Intelligence (AI) Risk Management to support responsible AI adoption in Singapore's financial sector, as AI technologies are developing rapidly and being adopted in financial services with increasing scale and sophistication. The Guidelines took effect on 7 October 2027.
In the lead up to the Singapore International Reinsurance Conference, members of the Singapore Reinsurers' Association (SRA) Executive Committee lay out their plans for the association and the reinsurance industry in Singapore. We speak to SRA Deputy Chair Emma Loynes, Honorary Treasurer Mukul Kishore and Honorary Secretary Michale Hauer on how the association will expand its footprint over the coming year.
Marsh has appointed Mr Derek Heng as CEO of Marsh ASEAN, and Ms Peta Latimer as CEO of Marsh Singapore. In addition, Mr Heng will continue to serve as CEO, Marsh Thailand, and Ms Latimer will continue with her current responsibilities as President of Marsh's People and Investments business in Asia.
Allianz Insurance Singapore has promoted Ms Ong Bi Ying to the role of CEO.
The Pan-Asia Risk and Insurance Management Association (PARIMA) has successfully concluded its Next-Gen Risk Takers Challenge - Beijing Edition, a dynamic speaking competition designed to empower emerging risk professionals by providing them with a platform to share their insights, experiences and perspectives with a live audience.