Income Insurance

[SINGAPORE] Income Insurance has terminated the proposed sale of Hive, its digital insurance platform, to Singapore-headquartered fintech firm Embed Financial Group Holdings (EFGH).

The Liquidity Program for Income Insurance Shares lets eligible Income shareholders sell their shares for cash

Shareholders will receive their letters after the AGM

Under new mandate, CLI will oversee insurer’s portfolio and refresh assets through deals

Including the new mandate, CLI has completed ‘over S$12.1 billion’ in Singapore deals in the past 16 months

Insurers are adjusting product features in response to the new framework

All seven insurers will be launching new Integrated Shield Plan rider products by Apr 1

Dhipaya Insurance hopes to expand access to insurance among younger consumers

I REFER to the article, “For Integrated Shield Plan insurers, raising premiums should be a last resort”. (BT, Jun 24) But as the French would say, it’s “au contraire”.