Business
Average growth of 8% a year in last decade by Singapore’s general insurance sector
The Republic’s general insurance sector has grown at an average annual rate of around 8 per cent in the last decade, reflecting its…
Tag
Insurance
Business
Temasek-backed insurance services firm Specialist Risk Group sets up Asia-Pacific hub in Singapore
London-headquartered Specialist Risk Group (SRG) announced the formal launch of its Asia-Pacific operations on Tuesday (Mar 25),…
News
Obamacare Could See Big Changes in 2026
A shorter open enrollment period, less help choosing a plan, higher health insurance premiums for many people — those are just a few…
Business
Stocks to watch: Sembcorp, Thomson Medical, Prudential, Trendlines, Ping An Insurance, Abundance International
The following companies saw new developments that may affect trading of its securities on Thursday (Mar 20). Sembcorp Industries: Units of…
News
What Should I Do If Someone Drowns In My Pool?
When faced with a drowning incident in a pool, immediate action is critical. Call for emergency help immediately and perform rescue…
Business
Business Insurance Secrets Revealed
Running a business is no small feat, and protecting it with the right insurance is just as important as managing daily operations.…
Business
Great Eastern Q4 profit falls 14% to S$134.8 million, reflecting medical insurance provisions
GREAT Eastern on Tuesday (Feb 25) pointed to provisions made for its medical insurance business as the primary reason its net profit fell…
Business
California’s FAIR Plan Gets $1 Billion Bailout After L.A. Fires
California’s home insurance plan of last resort, designed for people who can’t get coverage on the private market, does not have enough…
Business
China starts pilot project allowing insurance funds to invest in gold
CHINA, the world’s biggest bullion consumer, will allow some of its insurance funds to buy gold for medium- and long-term asset…
Politics
State Farm slammed for seeking up to 38% policy hike after wildfires
State Farm has come under heavy criticism for seeking a 22 percent rate hike, with a 38 percent increase for renters, in the wake of the…
Business
Veteran bankers Eric Tham and Tan Jeh Wuan to join board of Raffles Medical’s insurance unit
VETERAN bankers Eric Tham and Tan Jeh Wuan have been designated to the board of Raffles Health Insurance as non-executive and independent…
Business
AI Takes Over Insurance: Should You Be Worried?
Artificial intelligence is making waves across various sectors, and the insurance industry is no exception. As more companies dive into…
Business
China unveils plan to encourage insurance funds into stock markets
CHINA said on Wednesday (Jan 22) it will guide big state insurers and commercial insurance funds to increase investments in the A-share…
News
California’s Insurance System Faces Crucial Test as Wildfire Losses Mount
It’s too soon to know how the Los Angeles fires will change life in California, but it may heavily depend on the answer to a single…
News
California Wildfires Lay Bare an Insurance Crisis
Who pays? The ferocious wildfires that have burned throughout the Los Angeles area continued to rage overnight, consuming an area twice…
Business
L.A. Is Burning. Will Insurance Companies Take Advantage?
Standard mainstream media accounts of California’s insurance market warn of a virtually existential “crisis” facing insurers that operate…
Business
Texas counties have least health insurance coverage
Texas has 19 out of the 20 counties across the U.S. with the highest proportion of their population aged under 65 having no health…
News
The Costs of the Los Angeles Fires
A devastating toll More of the Los Angeles area is ablaze on Thursday, after a new wildfire in the Hollywood Hills broke out as…
Business
Insurance company changes anesthesia coverage: Who it impacts
Medical Mutual has changed its reimbursement policy regarding anesthesia coverage just weeks after United Healthcare CEO Brian Thompson…
Business
OCBC sells stake in Hong Kong Life Insurance for HK$589.3 million
The sale is not expected to have an impact on the group’s net tangle assets or earnings per share OCBC has agreed to sell its entire stake…
Business
Insurance crisis could spark housing market crash worse than 2008: Report
What's New The growing instability in the U.S. homeowners insurance markets could lead to a housing crash worse than the 2008 one unless…
Business
Allianz confirms withdrawal of offer for Income Insurance
ALLIANZ said it has withdrawn its pre-conditional offer to buy at least 51 per cent of the shares in Income Insurance. “We respect the…
Business
Allianz scraps proposed acquisition of Singapore’s Income Insurance: source
Allianz has scrapped a proposed US$1.5 billion euro (S$2.1 billion) acquisition of a 51 per cent stake in Singaporean firm Income…