Insurance

MONEY WISDOM

The retirement advice that worries me the most

While ‘recommended’ options may look compelling on paper, careful scrutiny is essential

India’s move to allow full foreign ownership in its insurance industry cleared the way for Prudential to deepen its footprint in the country.

Prudential to buy majority stake in Bharti Life for 35 billion rupees

An additional consideration of up to seven billion rupees may be payable upon completion of the deal

LIA Singapore says in Q1 2026, 5,507 individual life policies were claimed, resulting in total payouts of S$555 million.

Singapore life insurers pay out over S$5 billion in Q1, the highest for quarter since 2021

It coincides with more people strengthening financial resilience by boosting health coverage, pursuing wealth accumulation: industry body

What makes an insurance product a universal life plan?

High-net-worth insurance as a multi-generational wealth planning tool

Amidst the US$6 Trillion Wealth Transfer, high-net-worth families are increasingly using Indexed Universal Life (IUL) insurance in their multi-generational wealth strategies. Find out how and why.

The Toronto-based company’s roots run deep in Canada, where it began more than 150 years ago and is currently the country’s second-largest life insurer.

Sun Life quarterly profit jumps on Asia business strength

Canadian insurers have aggressively invested in Asia to capture market share in fast-growing markets and diversify their revenue base

From December 2021 to December 2024, private hospital IP premiums have been rising at an average annual rate of 8.6%.

MOH addressing rising healthcare costs, but cannot control commercial insurance decisions: Rahayu Mahzam

It is exploring setting benchmarks in cost components other than doctor’s fees

A 2025 Prudential study reveals that eight in 10 Singapore adults delay seeking medical care, often due to work pressures or the fear of burdening their families.
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Eight in 10 Singapore adults put off medical care, risking higher bills and financial strain: Report

Work pressures, fear of burdening family and uncertainty over treatment decisions are among the key reasons many postpone seeking care, according to a 2025 Prudential-commissioned study

The five powers war clause excludes any loss, damage, liability or expense arising from war involving any of these countries: the UK, the US, France, Russia and China.
BT EXPLAINS

Marine insurance and the five powers clause in times of war

The International Union of Marine Insurance has clarified that war risk insurance for vessels and cargo is, and will remain, available in the Middle East

Hong Kong and China together account for about half of the new business growth globally at AIA.

AIA’s new business value climbs in first quarter on strong Hong Kong, China demand

The firm’s 18 markets in Asia include Thailand, Singapore and South Korea

HSBC’s share price has doubled in Hong Kong since Georges Elhedery took over in September 2024.

HSBC is said to shortlist Allianz, Sumitomo for Singapore insurer

The bank starts a review of the insurance business in January