Insurance

MediShield Life to hike premiums, claim limits, and coverage by 2025

The government will provide $4.1b for these enhancements.

NTUC Income ex-CEO backs gov’t decision to halt $2.2b Income-Allianz deal

The government cited public interest concerns for calling the deal off.

Income-Allianz deal off on social concerns, says Singapore

The gov’t found no binding provisions in the deal to safeguard social mission post-acquisition.

New HSBC plan multiplies coverage up to six times

The plan also offers enhanced critical illness coverage.

Singlife, SAL launch mental health scheme for lawyers 

The programme will be offered to more than 13,000 legal professionals.

Manulife integrates GenAI in contact centres, rollout starts in Singapore

About 68% of agents used the tool within two weeks of its pilot launch.

A quarter of Singaporeans yet to start planning for retirement

They also project an expenditure of less than $6,000 per month.  

MSIG launches new health policy CriticalCare Plus

This covers Parkinson’s and Alzheimer's, among other CIs

V2Y Corporation names new non-executive independent chairman

Yip Mun Foong will succeed Seet Kah Wai. V2Y Corporation Limited has appointed Yip Mun Foong as its non-executive independent chairman, effective 30...

Income Insurance launches first hourly travel coverage

The product replaces the previous version, which was limited to Bintan, Batam, and Malaysia. 

How much do Singapore’s executives care about cyber insurance?

The rise of AI presents opportunities for both businesses and cybercriminals.

S'pore millennials, Gen Z find traditional travel insurance 'outdated'

A fifth of respondents hesitate to buy insurance due to not knowing what is covered.

New Singlife campaign offers up to 4.5% returns amidst inflation woes

It is available for the first S$10,000 in an account.

AIA, Singapore University of Social Sciences launch insurance minor

As part of the agreement, the insurer plans to upskill 100 of its employees.

Great Eastern backs MoH's pre-planning initiative with new legacy programme

This makes the insurer the first one to support the pre-planning campaign.