HSBC has announced the completion of the legal integration of AXA Singapore and HSBC Insurance (Singapore) via a scheme of transfer. This also marks the start of insurance operations as a combined business under HSBC Life (Singapore) Pte Ltd.
Prudential Singapore has been given the nod by regulator the Monetary Authority of Singapore (MAS) to set up a new financial advisory (FA) firm, promising a wider range of products and services to its customers.
Though online purchases of life insurance products have jumped to account for 40.7% of all new policies taken up in the first nine months of 2022, agents still account for the bulk of high-premium policies.
Singaporeans will now be able to digitally access and aggregate information on their life, accident and health insurance policies held across different participating insurers, said Deputy Prime Minister Lawrence Wong in his opening address at the recent Singapore Fintech Festival.
After a two-year hiatus, the AIA kids' football clinics are back with Tottenham Hotspur Development Coaches, Shannon Moloney and Jerome Barker in Singapore this November.
More than half (54%) of the 800 Singapore residents aged 25 to 65 surveyed say that mobile devices and apps are critical tools in preparing for rising longevity.
FWD Singapore has launched a new critical illness (CI) plan that can be purchased online, with no need for a medical examination.
A new campaign has been launched to empower Singaporeans with knowledge and concrete steps to take charge of their financial well-being and plan for their retirement.
All seven insurers offering Integrated Shield Plans (IP) will implement key initiatives to provide additional support for IP policyholders amid implementation of the Cancer Drug List (CDL) by the Ministry of Health (MOH).
A new study has found that most Singaporeans and Hongkongers approaching retirement welcomed professional financial advice, with 76% saying they have sought this out before making major financial decisions.
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