Thursday, October 19, 2017

Singapore

HSBC Insurance gets Tier-1 status in Singapore

HSBC Insurance gets Tier-1 status in Singapore

The company joins a group of insurers whose total assets are at least US$3.6b.

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Singapore’s general insurers hit hard in 2016

Singapore’s general insurers hit hard in 2016

Domestic and external headwinds cut growth to a mere 0.6%, according to the General Insurance Association.

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Singapore insurers told to do the right thing

Singapore insurers told to do the right thing

Regulator says insurers should do more than just comply with rules and implement control measures.

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Singapore pushes for insurtech edge

Singapore pushes for insurtech edge

The Lion City wants to become an insurtech hub, in line with a vision laid out in its Committee on the Future Economy.

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New AIA investment centre opens in Singapore

New AIA investment centre opens in Singapore

The unit will provide better management of internal funds to improve delivery of returns to policyholders.

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ACR completes acquisition of Malaysia units

ACR completes acquisition of Malaysia units

The consolidation is part of a long-term strategy to enhance the operational efficiency of the ACR group.

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Allianz and StanChart sign 15-year bancassurance deal

Allianz and StanChart sign 15-year bancassurance deal

The agreement gives access to the bank’s retail clients in Hong Kong, Singapore, Malaysia, Indonesia and China.

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Singapore insurers to adopt tax-evasion measures

Singapore insurers to adopt tax-evasion measures

Tax residency status required for all account holders as part of a measure to combat tax evasion by 2018.

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Singapore’s ElderShield review set to start this month

Singapore’s ElderShield review set to start this month

The review committee will engage with caregivers, insurers and long-term care providers in a public consultation.

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Singapore seeks feedback on insurance scheme

Singapore seeks feedback on insurance scheme

Ministry of Health to review ElderShield as the country’s population ages.

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Singapore’s finance and insurance industry faces slowdown

Singapore’s finance and insurance industry faces slowdown

Analysts have slashed the city’s growth forecast for 2016 to just 0.5%, down from a 2% projection in September.

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Singapore motor insurance industry set for growth

Singapore motor insurance industry set for growth

The sector is buoyed by growing rental business, more use of telematics and a trend of younger buyers.

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SCOR veteran to head PartnerRe life & health business

SCOR veteran to head PartnerRe life & health business

Marc Archambault, previously CEO of Asia-Pacific for SCOR Global Life, will be replaced by Craig Ford.

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Singapore’s health ministry explains MediShield disparity

Singapore’s health ministry explains MediShield disparity

Relatively large premiums are expected to cover claims that recur and stretch to the future.

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Aetna to establish innovation hub for Asia

Aetna to establish innovation hub for Asia

Based in Singapore, the hub will develop tailored healthcare solutions for local markets across the region.

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Chubb appoints new execs in Singapore

Chubb appoints new execs in Singapore

Several new executives have been appointed to lead Chubb’s divisions in Singapore.

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Singapore insurance group to study healthcare costs

Singapore insurance group to study healthcare costs

The city’s Life Insurance Association will study recommendations of Health Insurance Task Force.

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Insurance agents warned against referral fees

Insurance agents warned against referral fees

The Life Insurance Association of Singapore has said that charging referral fees is unethical.

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AUTUMN 2017

Roundtable

Convergence of reinsurance and capital management