insurance

Asean

Indonesia to disband oldest life insurer after US$2.4 bil deal

“This is the biggest restructuring ever in the history of Indonesia’s insurance industry.”

Banking & finance

Warburg Pincus, Temasek buy insurance services firm SRG in £1 billion deal

The deal is aimed at helping London-based SRG expand internationally
In the 2020s, financial conglomerate/ conglomerate model is not for everyone    - THE EDGE SINGAPORE

Finance

In the 2020s, financial conglomerate/conglomerate model is not for everyone

The financial conglomerate structure is not for everyone in the 2020s; some see it as left over from the 20th century.

Finance

MAS proposes to simplify requirements and facilitate access to simple, cost-effective insurance products

The proposals will enable consumers to meet their protection needs more easily.

Banking & finance

65% of insurance and insurance asset managers expecting more M&A activity in Singapore and Hong Kong in 2024

In Singapore itself, 63% of the insurers and insurance asset managers polled expect to see M&As in the city-state rise in 2024.

Wealth

Sun Life Singapore launches Indexed Universal Life policy amid strong wealth inflows

Sun Life Singapore has also introduced its inaugural Philanthropic Pledge in partnership with Community Chest.
Great Eastern Holdings reports 4QFY2022 earnings of $3.3 million, down 99% - THE EDGE SINGAPORE

Results

Great Eastern Holdings reports 4QFY2022 earnings of $3.3 million, down 99%

Great Eastern plans to pay a final dividend of 55 cents, bringing the payout for FY2022 to 65 cents.

Finance

PhillipCapital launches personal accident insurance underwritten by ECICS Insurance

"Insurance protection is a key component in wealth planning."

Digital Economy

Go for the low-hanging fruit: How traditional insurers can compete with insurtechs

What are the three digital transformation areas that’ll help insurers deliver big results in a short amount of time?
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