News
MAS proposes PCC model for separate insurance risks in one entity
4+ hour, 58+ min 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…...
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Great Eastern's profit bags $274m in Q1 2026
2+ mon, 1+ day ago (78+ words) Total weighted new sales gained 16% Yo Y. 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 (Yo Y) to US$273. 6m (S$346. 3m). The company said this was driven by improved insurance profits. Total weighted…...
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