Singapore
Singapore’s life insurance sector reports record breaking 2017
Singapore’s life insurance industry crossed a significant milestone in 2017 with new business premiums passing S$4bn (£2.2bn, $3bn, €2.5bn) for the year, the city state’s Life Insurance Association (LIA) announced.
Zurich Life Singapore sold to new local insurer
The city-state’s newest insurance company Singapore Life is to acquire the business portfolio of Zurich Life Insurance (Singapore).
Finance minister floats Singapore wealth tax
Singapore’s rich could face a tax on their privately-held wealth if the city-state’s finance minister follows through on an off-the-cuff remark he made on Thursday, but analysts are worried it could negatively impact Singapore’s reputation.
‘Greying Singapore’ embracing life insurance
Singapore’s life insurers have reported a strong 2017 sales with three-quarters of Singaporeans now covered.
The Fry Group launches Singapore discretionary service
Global financial advisory group The Fry Group has launched a discretionary investment service in Singapore, giving clients the option to delegate some or all of their ongoing investment decisions to the firm.
