Women in Singapore have made significant strides towards financial empowerment even as barriers remain, according to a new survey by Sun Life Asia.
The AIA Group is expected to report a 23% year-on-year growth in its value of new business (VONB) for the fourth quarter of 2024, driven by a rebound in China and strong sales in Hong Kong and Singapore, according to UOB KayHian.
AIA Singapore and Raffles Hospital have signed a Memorandum of Understanding (MoU) to jointly pursue key initiatives, which will enhance Singapore Residents' access to quality healthcare services at Raffles Hospital.
The life insurance sector in Singapore, which experienced a strong rebound in 2024, is poised to maintain its upward trajectory into 2025. With growing consumer interest in sustainable insurance products and ongoing advancements in digital transformation, the industry is well-positioned to meet emerging demands.
Maybank's insurance arm, Etiqa Insurance Singapore (Etiqa), in collaboration with Maybank Singapore, unveiled Invest Future, Singapore's first takaful offering in over 10 years. Maybank Singapore is the exclusive distributor of this innovative Shariah-compliant investment-linked product (ILP).
Called "PROPEL with Singlife", it is designed to enable financial adviser representatives (FARs) to start their own advisory firms.
OCBC has agreed to sell its entire stake in Hong Kong Life Insurance to a Hong Kong investment holding company for HK$589.3 million (US$75.9 million).
Manulife Singapore has introduced two industry-first collaborations that offer best-in-class health screenings, aimed at enhancing the quality of life for its customers as they approach their golden years.
Income Insurance is taking a stab at a new business model as it looks at ways to grow its topline by expanding its distribution abilities.
Prudential has launched its global Artificial Intelligence (AI) Lab in Singapore, strengthening its commitment to integrating advanced AI technologies across its operations. Officiated by Mrs Josephine Teo, Minister for Digital Development and Information, and Prudential CEO Anil Wadhwani, the launch underscores Singapore's standing as a hub for AI innovation.
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