Insurance

AIA, Prudential create senior roles in Hong Kong for wealthy China clients

The firms are catching up with early movers that have recently been logging record premiums

Wealthy mainland Chinese flock to Hong Kong to buy insurance policies, to accumulate foreign currency and manage wealth.

Hong Kong insurance regulator vows crackdown on rule-breakers

This includes companies that evade recent curbs on broker fees and policy rates

In January, HSBC started a review of the business, also saying that Singapore was a priority market.

Allianz said to lead bidding for HSBC’s Singapore insurance unit

The transaction, estimated to be up to US$2 billion, could be announced soon: sources

Foundit Insights Tracker data show that green jobs’ share of total hiring posts has increased to 4.4 per cent in the first five months of 2026, from 2.8 per cent in 2023.
ESG INSIGHTS

Issue 198: UBS cuts Asia ESG staff; S-E Asian renewables assets face high climate risk

This week in ESG: Swiss bank sheds four of seven Asia sustainability team staff; Zurich Insurance finds 75 per cent of assets at high risk of severe climate impact by 2030

A new study released on Thursday (Jun 11) by Great Eastern has found that while most Singaporeans prefer home-based care for long-term care needs, many underestimate the financial and emotional pressures involved.

Long-term care is not just an age-related issue: Great Eastern

The insurer’s claims data shows that 62% of claimants under one of its long-term care plans are under 50

While Income is not listed on the stock exchange, it is a public company with more than 15,000 retail shareholders, many of whom are elderly.

Programme for Income Insurance shareholders to sell shares relaunched

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

What’s the best way to guard against such mis-selling?

CPF Life vs ILP: a false choice?

Phrases like "capital guaranteed on death" are being challenged as some agents use misleading comparisons to clinch a sale. Genevieve Cua and financial expert Christopher Tan of Providend expose this ...

Owner of pet bakery Mini Pawtisserie, Angeline Chai, 26, takes care of her pomeranian spitz's health by focusing on preventive care and investing in the dog's diet.

Pet insurance demand still rising, but growth may be losing bite

Vet fees can get costly, but some owners choose to stay uninsured while independently managing their pets' healthcare expenses

A poll of Singapore businesses shows the Iran war is fuelling resilience concerns among small and medium-sized enterprises.
ESG INSIGHTS

Issue 197: Singapore launches SME sustainability initiatives; natural disaster protection gap grows

This week in ESG: Climate transition council announces Green 100 movement; uninsured natural catastrophe losses rose to US$424 billion in 2025, Swiss Re finds