Betting on big caps? 40% of them on SGX beat market yield
DO BIG-CAP stocks offer safer bets? So far this year, those listed on the Singapore Exchange seem to have done that and more.
Allianz Asia delivers strong first half
GERMAN insurer Allianz Asia has achieved strong first-half financial growth performance on the back of its regional franchise and diversified portfolio.
HOCK LOCK SIEW
Japanese insurer to take shopping to another level?
TAKING a leaf from its own book, Tokyo-based Sony Life Insurance is replicating in Singapore a distribution model that works in Japan - untested here - but which is likely to further accelerate Singapore's life insurance industry's shift to sell through the financial advisory (FA) channel...
Tianjin ZhongXin Pharmaceutical net profit edges up on disposal gains
CHINESE medicine producer Tianjin ZhongXin Pharmaceutical Group on Monday said its second quarter net profit edged up from a year ago despite a dip in revenue, due to gains from a disposal.
Haw Par Corp posts 7.3% rise in Q2 profit
SINGAPORE-LISTED Haw Par Corporation on Friday posted a year-on-year growth in its second-quarter net profit, boosted by higher sales in its healthcare segment and absence of a one-off cost incurred.
Bukit Sembawang Estates' Q1 profit plunges on lower sales and profit recognition
SINGAPORE-LISTED property developer Bukit Sembawang Estates on Friday reported a significantly lower net profit for the three months ended June 30, 2017, dragged down by lower sales and a decline in profit recognition on development projects.
Prudential Singapore reports strong growth in first half of 2017
HIGHER productivity from its distribution channels has helped lift insurer Prudential Singapore's results in the first half of 2017...
Prudential's H1 results up on strong business growth in Asia
BRITISH insurer Prudential on Thursday reported a 5 per cent rise in IFRS operating profit for the first half of 2017 to £2.4 billion (S$4.25 billion) on a constant exchange rate basis, lifted by strong growth in Asia.
Singapore Reits chalk up average total return of 17.6% year-to-date
THE average total return of all 31 of Singapore's real estate investment trusts (Reits) with property assets in addition to the six stapled trusts was 17.6 per cent for the year to Aug 4...
Singapore life insurance growth still strong
SINGAPORE'S life insurance business continued on its strong growth momentum for the three months ended June, even as it faces economic uncertainties, fast ageing population and slow labour market...
Singapore's life insurance new sales up in Q2 and H1 2017
THE life insurance industry in Singapore continued on a momentum of strong growth in the second quarter of this year, lifted by an increase in sales of annual-premium products.
Manulife S'pore rides high on 2016 breakthrough year
WHAT a difference 2016 has made for Canadian insurer Manulife Singapore, whose fortunes were turned around from struggling for new business market share in a highly competitive sector to now being one of the front runners.
Chip Eng Seng's Q2 profit down on reduced margins, higher expenses
PROPERTY group Chip Eng Seng on Friday posted a weaker second-quarter net profit for the three months ended June 30, dragged by reduced margins, higher marketing and distribution expenses, as well as a provision of S$5 million for a construction project.
Insurance can help Asia cut economic losses from disasters: MAS chief
WITH the increasing frequency and severity of natural catastrophes striking Asia, the region needs to close the wide protection gap through insurance to lower the financial impact of natural disasters and raise disaster resilience, said Ravi Menon, managing director of the Monetary Authority of...
Financial advisory fuels Aviva's Singapore growth
COMPOSITE insurer Aviva Singapore on Thursday posted a 57 per cent year-on-year rise in annual premium equivalent (APE) or a measure of sales for its life business to S$90.5 million for the first six months of 2017, driven by its financial advisory (FA) arm and direct sales or affinity channel.
Financial advisory channel drives growth in Aviva Singapore's H1 2017 sales
COMPOSITE insurer Aviva Singapore on Thursday posted a 57 per cent year-on-year rise in annual premium equivalent (APE) - a measure of sales for its life business - to S$90.5 million in the first six months of 2017, driven by Aviva Financial Advisers and the Affinity channel.
IPP Financial Advisers fails in appeal for lower CCS penalty
THE appeal of one of 10 financial advisory (FA) firms slapped with fines for collectively infringing the competition law has been dismissed.
Share buybacks tumble as STI hits new highs in market rally
THE stock market rally that has driven the Straits Times Index (STI) to fresh highs this year has meant that share buybacks in July slid not only year-on-year but also quarter-on-quarter.
Raffles Medical's Q2 earnings edge up
SINGAPORE-LISTED Raffles Medical Group achieved a one per cent year-on-year growth in second-quarter revenue to S$120.1 million despite softer-than-expected demand from foreign patients.
Many 'firsts' at the Award's 12th year
IF there is one place to be in July, it would have to be the Singapore Corporate Awards (SCA) where the best of the best in managing listed companies rubbed shoulders with one another, soaked in the entertainment by fellow corporates and toasted to their wins.
OKP Holdings' Q2 profit doubles on higher revenue
CONSTRUCTION firm OKP Holdings on Monday reported that its second quarter net profit doubled to S$4.95 million from a year ago, on the back of strong growth in revenue from its maintenance segment.
AIA Singapore mulling leg-up from financial advisory channel
INSURER AIA Singapore is exploring the option of also using a financial advisory (FA) channel to sell its products, which are now largely distributed through its agency force.
AIA Singapore's new business value falls 10% in H1; HK, China drive group's growth
INSURER AIA Singapore on Friday posted a 10 per cent year-on-year fall in value of new business (VONB), which is a measure of expected profits from new premiums, to US$135 million for the six months ended May 31, 2017, on a constant exchange rate basis.
STI extends gains, lifted by local banks, US rally
A POSITIVE start to bank earnings here coupled with Wall Street's rally on the back of strong earnings meant that Singapore equities continued to trend up, extending earlier gains in the week...