Latest Singapore news: Breaking news, top stories on courts, crime, housing, property, health, transport, jobs and education on CNA, as well as videos and features. National School Games to resume with 12 non-contact sports, 17 others still suspended. COVID-19 insurance policies are increasingly joining passports and sunscreen as vacation staples, creating opportunities for insurers as more countries require mandatory coverage in case visitors fall ill from the coronavirus. Singapore News - Overuse of insurance and pricey doctors in private practice could be reasons for the high inflation in the healthcare sector, said … Integrated Shield plan. THE BUSINESS TIMES insurance - Find insurance News & Headlines, insight and analysis in Singapore, Asia-Pacific & global markets news at The Business Times. The sector paid out 12.2 per cent, or S$159 million, more in insurance claims in 2019, which contributed to the sector recording an underwriting … Our health insurance roundups and guides can help you find the best health insurance plan for your needs and teach you the in and outs of Singapore… LIA reported a recovery in H2 2020 after the initial fallout from the pandemic which affected policy uptake most significantly in Q2. Launched in 2019, AIA Beyond Critical Care was Singapore’s first-ever insurance policy that covers mental illnesses. ... Malaysia and Singapore reveal how they are … You could also be disqualified for holding or obtaining a driving license for a period of 12 months. Marie Claire. The Queen, William, and Charles Are Locked in "Crisis Talks" as the Queen Refuses to Sign Off on a Statement. International health insurance. Top News. The Singapore Ministry of Defence has launched its new maritime and security response flotilla, reports ReCAAP ISC (Regional Cooperation Agreement on Combating Piracy and Armed Robbery against Ships in Asia). Income committed to offer choice through large doctor panel, Scheme to defer payment of insurance premiums tapers off, A good insurance plan can help the jobless, while avoiding pitfalls, Covid-19 travel insurance becoming a vacation staple, For 7 years, Singapore couple paid for 'cancelled' insurance policies, As global shocks rise, Swiss Re has a shield, Insurance: Pay more if you see your own doctors, Insurance co-payment key to keeping healthcare affordable, Insurance doctor panels face poor prognosis, Insurance premiums rising for S'pore businesses on Covid-19 risk aversion. Get more information about INSURANCE at straitstimes.com. Insurance. THE BUSINESS TIMES singapore insurance - Find singapore insurance News & Headlines, insight and analysis in Singapore, Asia-Pacific & global markets news at The Business Times. ... More News. ... a round-up of the latest news and insights direct to your inbox, and designed to help you stay ahead. People; ... Raymond Tang to leave BOCG Insurance. ... Chubb launches Work from Home Insurance for the Asia Pacific Region. But a log-in is still required for our PDFs. SINGAPORE, 24 March 2020 – The General Insurance Association of Singapore (GIA) today announced that the sector achieved stable growth with 7.6 per cent annual growth in gross written premiums, totalling S$4.10 billion as at 31 December 2019.. With this new partnership in Singapore… The incident was in February and communications are still down Life Insurance, Medical Insurance, Critical Illness … Driving without car insurance could lead to a fine of up to S$1,000 and/or a jail term of up to 3 months. Insurance. Winter 2020. Asia Insurance Review - Latest News | 1,809 followers on LinkedIn. Term Life Insurance. SPH Digital News / Copyright © 2021 Singapore Press Holdings Ltd. Co. Regn. “In 2021, Vietnam’s insurtech market will not see many breakthroughs because businesses are still in the process of building and investing to create the foundation for longer development. China: Insurance industry rebounds on strong life business growth In January, the insurance industry achieved gross premium income of CNY1.01tn ($155bn), a year-on-year increase of 11.16%, according to data released by the CBIRC. China Life Insurance Singapore Launches Inaugural Renminbi Endowment Plan with Potential Returns of 3.06% 1 p.a. Which comes first: underwriting or reinsurance? This is said to include four sentinel class maritime security and response vessels and two maritime security and response tugboats. IAN understands the GM of Bank of China (Hong Kong)'s general insurance arm will depart mid-February. RMIA Webinar: Managing Critical Controls - From ‘Ticking the Box’ to Effective Risk Management, ANZIIF Webinar: Reaching Customers in a Digital Age, AILA 2021 Annual General Insurance Law Review, IAG appoints top Australia, NZ executives, Panicked learner who hit parked Ferrari loses claim dispute, Chubb names new Country President for Australia and New Zealand, Underwriting agency proposes professional indemnity mutual. Learn how insurance works, what to look out for, and why you should … 02/04/2021. INSURANCE News - Find latest News & top stories about INSURANCE. By registering, you agree to our T&C and Privacy Policy. These plans are meant to be used by those residing in Singapore. Chubb makes new appointment for International Personal Lines Division in Singapore. Car insurance is compulsory in order for you to drive a motor vehicle in Singapore. No. Singapore-based Aravind Srinivas and Tobias Frenz have taken on new roles with the global reinsurer. Japanese property/casualty insurer Tokio Marine Holdings announced a partnership with Plug and Play’s Insurtech program in Singapore. Being able to afford quality healthcare is one of the most important things you can do for you and your family. Beyond Unesco: What's on Singapore's cultural heritage list Chee Chew v current affairs: News in cartoons Feb 2021 Budget 2021: Breakdown of revenue and expenditure estimates Follow the latest news and comprehensive coverage on INSURANCE at CNA. Chubb announces new appointments for Asia Pacific’s Property & Casualty team. To better understand this anomaly, we analysed what makes Singapore's insurance market so unique compared to insurance sectors of other developed markets. Sompo’s PA Star offers three pre-packaged tiers of coverage, with an option to … AIA Insurance. 03/17/2020. Asia Insurance Review is the source for Breaking news about Insurance Industry. Providing latest insurance news for Asia' s insurance industry | Asia Insurance Review was launched in January 1991 to meet the information needs of insurance practitioners in Asia in particular and the rest of the world in general. Where you are covered. Singapore-based insurance-tech firm, Igloo, teams up with Philippines-based insurance broker Philpacific Insurance Brokers Inc. (Philinsure) to kick off with the digitization of the latter's insurance products offering. “The pandemic had negative effects on the overall growth of the insurance market, but also provided a growth opportunity for the online insurance market,” she told To Quoc in a recent Q&A. With a desire to deliver best-in-class solutions to customers, and bringing a strong brand that stands for quality, trust and resilience one step closer to Singapore, a composite insurance entity, Allianz Insurance Singapore Pte. Find the latest articles, Insurance Conferences, videos, photos and blogs about Asia Insurance Industry 9 Mar 2021. Insurance protects you, your family and things you value from financial loss. Insurance Business Magazine is the leading business magazine for today’s sophisticated commercial Insurance Broker! Your Health Insurance Guide. To be eligible, you must be a Singapore resident with a life insurance or accident and health insurance policy with AIA, issued on or before July … and 100% Capital Guaranteed upon Maturity 01 October 2015 Read More Sompo PA Star. Seven in 10 see rise in critical illness insurance sales. Indonesian takaful market gaining ground despite low penetration. Reuters. Print Edition. We have been experiencing some problems with subscriber log-ins and apologise for the inconvenience caused. Until we resolve the issues, subscribers need not log in to access ST Digital articles. Indian insurtech Turtlemint raises $46m in funding round. Competent financial consultants. If you’ve just started your first job, it’s best to start getting protected early with … Two-thirds of Singapore small businesses say they do not have any cyber protection in place. insuranceNEWS.com.au is a free online daily news bulletin for Australia's general insurance industry and the wider financial services community. Singapore News. All rights reserved. Myanmar security forces surround, arrest protesters; U.S. calls for withdrawal. 198402868E. News. Yahoo News Singapore. insuranceNEWS.com.au features local, corporate, regulatory and government, financial services and international news as well as insurance industry events. Singapore’s life insurance industry posted S$4.38b in weighted new business premiums for Q4 2020, a 3% jump from 2019, according to the Life Insurance Association (LIA). Insurance company's systems hit by cyber breach. 11/19/2020. Summary Points Singapore only makes up 0.34% of the world's insurance market, compared to one of Asia's largest players, Korea (3.4%) and the world's biggest player, the US (36.9%). The UK test case judgment on business interruption has the potential to confuse the conversation around reinsurance responses to COVID losses, Guy Carpenter says... Naming its incoming Australia and Pacific CEO Sue Houghton recently, QBE described the insurance trailblazer as “known for her sound judgment, resilience and adaptability, as well as for cultivating talent, fostering diverse and inclusive teams and driving performance”... February/March edition now availableLearn more », COVID cuts motor vehicle thefts to two-decade low, AM Best lowers Guild’s outlook to negative on BI uncertainty, NZ High Court delivers credit insurance penalty, Insurers not to blame for rise in cybercrime ransoms, expert says, ‘I don’t have a wife at home’: women share their insurance journey on IWD, Federal Court process begins for second BI test case, COVID BI provisions, cat losses push industry into underwriting deficit, Exfiltration, encryption and extortion: cyber attackers’ three modus operandi, Incoming QBE chief faces array of challenges: analysts, Munich Re promotes Scott Hawkins to Australasia MD role, Honan boosts PI, construction with Bovill deal, New acquisitions expand PSC’s UK presence, Industry to pay about $16.4 million in funding levies to ASIC, AICLA pursues clarity on claims handling licensing, Brokers named for NSW builders warranty panel, Litigation funders hit out at moves to ease disclosure rules, Life industry books smaller loss, DII remains a drag, Super fund accused of ‘deceptive’ insurance conduct, MLC Life Insurance names GM for retail distribution partnerships, Allianz introduces gender affirmation leave, Allianz, Suncorp, NRMA recognised for gender equality efforts, UK BI test case prompts reinsurance questions, China’s foreign ownership changes benefit Chinese insurers: GlobalData, January renewals fail to deliver ‘hard’ rates for reinsurers, ‘This is not over’: leaders urge industry to prioritise gender equity, Results in focus: earnings season spotlights premium gains, BI uncertainty, Year of change: injection of regulatory reform begins. Chubb specialises in the insurance of fine jewellery, providing you with peace of mind knowing that your precious jewellery is receiving utmost protection.