Insurance

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.
BRANDED CONTENT

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

Andreas Berger, group CEO at Swiss Re, warns that a prolonged Iran conflict could lead to more significant disruptions, which the reinsurer is monitoring.

Iran conflict, disaster risks could drive inflation pressures in Singapore, Asia: Swiss Re global CEO

Driven by recent uncertainties, Swiss Re has established a task force to monitor geopolitical hotspots

The new riders mean higher out-of-pocket expenses for you when you are hospitalised.

New Integrated Shield riders: Should you make a switch?

Riders are cheaper but increase out-of-pocket costs. Is the switch worth it? What are the hidden costs and cancer coverage changes?