Insurance
2 in 3 Singaporeans worried about losing job due to illness or disability
2 in 3 Singaporeans worried about losing job due to illness or disability
More than half do not have disability income protection.
Singapore life insurance new business premiums dips by 2% in Q1.
New business premiums totaled S$1.21b for the first quarter of the year.
Singapore risks protection gap for older population
Prudential and Income are working together to close protection gaps, particularly in the area of long-term care.
Great Eastern Q1 shareholder profits plummets by 50%
The firm blames less favourable financial market conditions.
NTUC Income launches new travel cover that protects by the hour
Premiums start at S$1.80 for a six-hour coverage.
9 in 10 Singaporean SME employees wants medical benefits from employers
Around 60% of those surveyed are more willing to join a firm if they have medical benefits.
Singapore insurance conduct committee releases third paper on industry best practices
The latest set of guidelines focuses on elevating higher standards for FA Reps and FAFs.
Customer satisfaction dips in Singapore insurance industry
The survey also revealed an increase in preference for digital channels.
CHART OF THE DAY: More than 80% Singaporeans seek to buy travel insurance for 2022 vacation
COVID-19 coverage is the top reason for buying travel insurance.
MAS bans ex-OCBC representative for fraud and dishonesty
She has been handed a five-year prohibition order.
Hong Kong public eager to know more about ‘Long COVID’: Manulife survey
'Long COVID' is experienced by people who have symptoms that drag for a month.
Singapore general insurance industry to skyrocket to $4.2b by 2025
It is expected to grow at a compound annual growth rate of 5%.
Only 1 in 10 Singapore millennials has their gadgets insured: survey
This is despite almost 80% saying they would be distressed if they lose their gadgets.
8 out of 10 Singaporeans open to private mental health insurance
Consumers are keen to be covered for conditions such as anxiety and depression.
Insurers surpass banks in customer experience index in Singapore
This is the first time that the insurance industry has taken the lead against banks.
Singapore life insurance records whopping $1.97m in sales
This accounts for a YoY 61% growth in H1 2021.
Great Eastern launches first green life insurance product in Singapore
The insurer will donate S$1,000 for every S$1m raised from GREAT Green SP proceeds.
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