Singapore insurers pay out over $8.3b in six months
Life claims alone climbed 11.1% year on year. Over $8.3b (S$10.6b) was paid out in life and health insurance claims and maturity benefits to individuals and families in Singapore in…
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Category: News
Blue Cross widens perks as Samsung Wallet joins push
Designated travel plans can include a HK$20 ePremium Coupon. Blue Cross (Asia-Pacific) Insurance Limited has integrated its sales distribution with digital and lifestyle platforms through new partnerships with MTR Mobile…
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Chubb Philippines embeds cover in UnionDigital Bank app
Eligible loan borrowers receive protection for 3 months at no added cost. UnionDigital Bank (UD) and Chubb Philippines have partnered to offer insurance products through the UD mobile application. Under…
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Australian car insurers fail to explain premium hikes
Motor premiums rose more than 42% from 2019 to 2024. Australian car insurers are failing to explain the factors behind sharp and repeated premium increases, making it harder for consumers…
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India insurance competition rises amidst regulatory reforms
Higher foreign direct investment limits have attracted global players. India’s insurance market is becoming more competitive as businesses rush to secure broader coverage, higher policy limits and more favourable terms,…
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Mandarin Re raises capital to $26m to fuel expansion
Property accounts for around 70% of its portfolio. Labuan-based reinsurer Mandarin Re has increased its paid-up capital to $26m, its second increase this year, as it targets $70m in gross…
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India financial technology spending to grow 21% annually
The wider enterprise market is forecast at 15.5%. Banking, financial services and insurance (BFSI) will be the largest vertical segment in India’s enterprise information and communications technology (ICT) market, accounting…
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Emirates travel cover launches amidst airspace closures
Passengers may be moved to alternative airlines at no extra charge. Emirates has launched a new travel insurance product that includes medical cover for conflict-related incidents and airline-managed hotel accommodation…
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Singapore financial security sinks amid rising living costs
Only 11% felt very financially secure down from 22% in 2025. Rising living costs are weakening household financial resilience, with fewer Singaporeans feeling financially secure and more struggling to prepare…
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Pioneer Insurance adopts Whoscall to block scam calls
The insurer is the first in the Philippines to use Verified Business Number. Pioneer Insurance & Surety Corporation has partnered with Gogolook, the developer of anti-scam application Whoscall, becoming the…
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