Insurance

India plans sovereign guarantees for insurers as Iran war heightens shipping risks

A separate US$300 million fund is being set up to help settle any large increase in insurance claims, a source says

While out-of-pocket costs may increase, insurers say that they remain predictable and manageable.

New IP riders kick in with lower premiums, but higher out-of-pocket costs

Insurers are adjusting product features in response to the new framework

For a start, all seven Integrated Shield Plan insurers have to launch new riders by April 1 to meet the Ministry of Health’s new requirements.

Singapore’s medical cost inflation set to hit record 16.9%; insurers’ body urges collective action

[SINGAPORE] With medical cost inflation in Singapore projected to hit a record high of 16.9 per cent in 2026, the Life Insurance Association Singapore (LIA) called for collective action to tackle issu...

MAS will introduce equity counter-cyclical adjustments, designed to reduce procyclical behaviours during sharp market downswings.

Insurers’ search for yield must not compromise policyholder protection, says MAS assistant MD

They must exercise strong risk management and apply robust stress testing, adds the central bank’s assistant MD Marcus Lim

Most personal and business travel policies come with standard exclusions for war and conflict.

Middle East tensions highlight gaps in travel insurance for Singapore travellers

[SINGAPORE] The widespread disruption across global aviation triggered by the ongoing conflict in the Middle East has exposed gaps in standard personal and business travel insurance coverage, with mos...

When a patient is unsure of how soon they can see a doctor, or whether a visit will cost S$200 or S$2,000, they will not have the confidence to seek the care they need, says the writer.
THE BROAD VIEW

Top-tier healthcare is within reach. Why do Singaporeans still hesitate?

Confidence in the system is what moves patients from a reactive to a proactive approach to their healthcare

Scott Bessent has argued that tanker traffic in the Gulf region is starting to pick up – and will only increase in the coming days.

Bessent says Hormuz ships insurance programme to start soon

The Trump administration has already taken action to blunt prices and address some concerns about oil supply

Ping An Insurance's new business value in its life and health insurance segment grew 29.3% year on year to 36.9 billion yuan in 2025.

China’s Ping An Insurance posts 6.45% profit rise on life insurance growth

Its net earnings for 2025 is 134.8 billion yuan, below a median estimate of 136.8 billion yuan

Despite "stable" accident rates, motor insurance claims are up 11% year on year.

Singapore’s general insurance premiums hit record high of S$6.09 billion

Net incurred claims for the domestic segment are up 8.7% year on year at S$1.8 billion

China's regulator is now weighing allowing some bank shareholders to become major investors in one to two additional lenders.

China considers easing bank shareholding limits to boost capital: sources

Rising geopolitical tensions and turbulent global markets are intensifying the push to bolster domestic banks’ balance sheets