insurance

Healthcare

Prudential Singapore rolls out cashless medical service at two private hospitals

SINGAPORE (Nov 5): Prudential Singapore has rolled out a service allowing its customers to receive cashless medical services when seeking treatment from participating specialists at Raffles Hospital and Mount Alvernia Hospital.

Deals, joint ventures & alliances

Grab, NTUC Income launch critical illness micro-insurance for drivers

SINGAPORE (Aug 1): Grab’s insurance arm, GrabInsure, and NTUC Income have jointly launched Southeast Asia’s first micro-insurance plan – Critical Illness: Pay Per Trip (CIPPT).

Disruption and Digitalisation

Singtel offers mobile remittance service with personal insurance cover

SINGAPORE (July 25): Singtel is making its foray into the insurance market by rolling out Singapore’s first prepaid data plan and Dash mobile remittance service that comes with personal insurance cover, provided by NTUC Income and with premiums paid for

Deals, joint ventures & alliances

Great Eastern partners Doctor Anywhere to launch tech-enabled integrated health services

SINGAPORE (July 22): Great Eastern and Doctor Anywhere last Friday signed a memorandum of understanding (MOU) which will see the duo leveraging on platform, content and product resources, as well as tech and industry expertise to meet the digital wellness

Results

Great Eastern's 1Q earnings more than double to $342.7 mil on favourable market conditions

SINGAPORE (May 3):  Great Eastern Holdings, a member of the OCBC Group, saw its earnings for 1Q19 more than double y-o-y to $342.7 million from $152.9 million due to higher non-operating profit and profit from shareholders’ fund.

Tech

Great Eastern announces new initiatives including 'game changing' digital platform

SINGAPORE (April 8): Great Eastern Holdings today announced its rollout of Great Digital Advantage, a digital platform meant to serve customers into the digital future and in tandem, enhance agency efficiency, productivity and professionalism.

Healthcare

HC Surgical appointed as sole colonoscopy screening provider for AIA Singapore

SINGAPORE (April 1): HC Surgical Specialists has been appointed by AIA Singapore as the exclusive healthcare provider for certain of the latter’s eligible clients, specifically those aged 50 and above under the HealthShield Gold Max Essential A Saver an

Investing strategies

Singapore Life gathers interest from 800 consumers to invest in its 3% Endowment Plan

SINGAPORE (Nov 27): Singapore Life announced that since its pre-registration opened on Nov 23, 2018, more than 800 prospective clients have lodged interest to invest in its third savings fund – 3% Endowment Plan.

In print this week

Health insurers accountable for higher costs; industry reforms, checks and balances needed

SINGAPORE (Aug 6): When K Leela, 68, was diagnosed with kidney failure about a decade ago, she panicked about the cost. The homemaker needs to have dialysis at least twice a week, for life. Her husband works as a hotel bellhop, and they have three childre

IPO

Hong Kong billionaire Richard Li weighs insurance IPO

HONG KONG (June 27): Hong Kong billionaire Richard Li is laying the groundwork for a potential initial public offering of his insurance company FWD Group after five years of building the business through acquisitions, people familiar with the matter said.
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