2+ hour, 14+ min ago   (310+ words) The insurer is working toward a S$1b climate transition financing target. Income Insurance has committed $527.9m (S$945m) to green and climate-related investments as it works towards its $558.7m (S$1b) climate transition financing target, according to its 2025 Sustainability Report. The Singapore insurer said…...

1+ mon, 4+ day ago   (518+ words) Smaller companies could gain a lower-cost way to manage risk. Singapore's proposed insurance structure could make captive insurance and insurance-linked securities easier and cheaper to establish by lowering costs and reducing administrative work, analysts said. George Ong, regional director at…...

1+ mon, 4+ day ago   (312+ words) Threat monitoring and incident response are bundled with the policy. MSIG Singapore has partnered with the newly launched Cybersecurity Association Singapore Limited (CASL) to provide cyber insurance as part of a wider package of cybersecurity services for small and medium-sized…...

1+ mon, 1+ week ago   (442+ words) Mortality declined to 72 deaths per 100,000 people during 2019 to 2023. FWD Singapore has launched FWD MultiCover CI, a new critical illness policy designed to provide ongoing payouts rather than terminating after the first claim. The product launch comes as national figures show…...

1+ mon, 1+ week ago   (392+ words) Nearly half have used gen AI in choosing financial products. Over 1 in 2 Singaporeans who use generative AI chat tools do so to compare financial products, including insurance, according to a survey by Million Dollar Round Table (MDRT). More than a…...

1+ mon, 1+ week ago   (277+ words) Excluding a one-off divestment gain a year earlier, DI rose 1.2%. Keppel Infrastructure Trust (KIT) recorded distributable income of $101.1m for the first half of 2026, down 15.3% from $119.4m a year earlier. Excluding a one-off divestment gain of $21.7m recorded a year earlier, distributable income…...

1+ mon, 2+ week ago   (427+ words) The agreement includes a 15 year exclusive bancassurance partnership through HSBC. Allianz has agreed to buy HSBC Life Singapore for S$2.7b (US$2.1b), with the transaction expected to complete in the first half of 2027, subject to regulatory approval. The deal includes the…...

1+ mon, 2+ week ago   (360+ words) Policyholders can divide premiums across the S&P 500 and more. Prudential Singapore has launched a new indexed universal life plan, PRUApex Legacy Index II, targeted at affluent and high-net-worth customers seeking flexible wealth transfer and legacy planning solutions. Customers can…...

1+ mon, 4+ week ago   (232+ words) The move supports captive insurance and alternative risk transfer. The Monetary Authority of Singapore (MAS) has issued a consultation paper proposing a legislative framework for a new Protected Cell Company (PCC) corporate structure to help insurers manage separate risk programmes…...

4+ mon, 1+ day ago   (78+ words) Total weighted new sales gained 16% YoY. Great Eastern’s group profit attributable to shareholders during the first quarter of the year (Q1 2026) marginally increased by 0.23% year-on-year (YoY) to US$273.6m (S$346.3m). The company said this was driven by improved insurance profits. Total weighted…...