News
Domestic capital reshapes China real estate deals as asset managers redirect to "China-for-China" play
1+ day, 22+ hour ago (145+ words) Mapletree exploring first renminbi fund with Chinese insurers, while Capita Land eyes second C-Reit with 4. 8b yuan IPO in coming months [SINGAPORE] Asset managers are increasingly turning to China's domestic capital markets to recycle assets, raise funds and seek exits, with…...
MOH addressing rising healthcare costs, but cannot control commercial insurance decisions: Rahayu Mahzam
3+ week, 3+ day ago (629+ words) It is exploring setting benchmarks in cost components other than doctor's fees [SINGAPORE] The government is tackling the root causes of rising healthcare costs and offering measures to cushion the impact, but must be mindful about intervening in the commercial…...
Shippers rush for Hormuz insurance after truce deal, broker says
1+ mon, 3+ week ago (208+ words) The strait has remained largely blocked on Apr 8 [LONDON] Shipowners are placing "huge volume requests" for insurance cover as they look to transit the Strait of Hormuz following the US-Iran ceasefire deal, according to broker Mc Gill and Partners. With…...
Middle East tensions highlight gaps in travel insurance for Singapore travellers
2+ mon, 1+ day ago (1093+ words) [SINGAPORE] The widespread disruption across global aviation triggered by the ongoing conflict in the Middle East has exposed gaps in standard personal and business travel insurance coverage, with most policies excluding war-related losses. While some specialised business travel insurance does…...
Bessent says Hormuz ships insurance programme to start soon
2+ mon, 4+ day ago (743+ words) The Trump administration has already taken action to blunt prices and address some concerns about oil supply [WASHINGTON] Treasury Secretary Scott Bessent said a US insurance programme meant to boost shipping through the Strait of Hormuz will begin soon, a…...
War risk insurance returns to Strait of Hormuz - at a price
2+ mon, 2+ week ago (877+ words) Daily charter rates for oil supertankers have quadrupled within a week to nearly US$800, 000 A TENTATIVE solution for war risk insurance has emerged for vessels transiting the Strait of Hormuz. But with daily charter rates for oil supertankers quadrupling within…...
Insurance solutions for the wealthy see robust demand
4+ mon, 2+ week ago (164+ words) The Business Times Insurance solutions for the wealthy see robust demand High-net-worth insurance earnings are expected to rise in double digits over the next two to five years DEMAND for high-net-worth (HNW) insurance, a lucrative area for advisers and intermediaries,…...