Singapore
Q2 new business dips for Singapore life cos
There was a 10% dip in new business premiums for Singapore’s life insurance companies during the second quarter, versus last year, although growth was sustained during the half.
Commission-free insurance will force change
The proposed commission-free life insurance direct sales channel in Singapore will prompt companies to re-evaluate their distribution channel strategies, says Fitch Ratings.
Commission-free insurance available
The Monetary Authority of Singapore (MAS) has today announced the features of standardised life insurance products which will be possible to purchase directly from insurance companies by early next year.
Specifics of Singapore insurance channel
The Monetary Authority of Singapore (MAS) has announced that it will release details of its direct insurance product channel by the end of the month.
Montello Real Estate Opportunity approved in Spore
UK-based real estate financier Montello has received the go-ahead from the Monetary Authority of Singapore to distribute its Real Estate Opportunity Fund in the country.