IKEA has rolled out a home contents insurance offering called HEMSÄKER, underwritten by Etiqa General Insurance Berhad.
MSIG Insurance has introduced Freelancer CashPlus, an insurance plan that dispenses daily cash benefits to help gig workers safeguard against income loss during a prolonged illness or injury.
The General Insurance Association of Singapore (GIA) announced that the sector achieved stable growth with 7.6% annual growth in gross written premiums, totalling S$4.10 billion as at 31 December 2019. The sector paid out 12.2%, or S$159 million, more in insurance claims in 2019, which contributed to the sector recording an underwriting loss of S$28 million.
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