Price Forbes Singapore has appointed Ms Cassaundra Tan as director of employee benefits. In her new role, she will lead the development and expansion of the employee benefits division in Singapore and across international markets.
The Singapore government has decided that it would not be in the public interest for the proposed S$2.2bn ($1.68bn) sale of a stake in Income Insurance to global insurer Allianz, in its current form, to proceed.
HSBC Life has introduced Life Treasure III, a regular premium, participating whole life insurance plan which allows clients to multiply their coverage by up to six times, provides financial safeguards for accidental death, and offers broader protection against critical illnesses.
MSIG has appointed Mr Christian Kolmberger as senior vice president, underwriting, reinsurance and claims and Mr Rajnish Pal as senior vice president and head of transformation.
Singapore Reinsurers' Association (SRA) has announced that its membership base has grown by three.
Manulife is integrating GenAI with agent operations in Singapore and enhancing capabilities in contact centres and underwriting processes.
AIA Singapore has expanded inpatient coverage for mental health care for its corporate insurance policies, at no additional premium.
HSBC Life Singapore has appointed Mr Lu Ouling as chief product propositions officer and Mr Michael Wei as chief partnership distribution officer.
While Singapore consumers have financial goals set, close to 70% are struggling to achieve financial wellness, according to findings of a survey commissioned by AIA Singapore.
AIA Singapore yesterday unveiled findings of the AIA Live Better Study 2024 which revealed that Singapore consumers' overall wellbeing has not shown improvement, scoring 61.5 on the Holistic Wellness Index in 2024 compared to 61.7 in 2023.