Parliament has granted new powers to the Monetary Authority of Singapore (MAS) to block deals involving insurers tied…
InsurTech
The Singapore government has blocked NTUC Enterprise’s proposed sale of Income Insurance shares to Allianz, citing concerns over…
Southeast Asian insurtech platform Qoala reported a 36% reduction in net losses for 2023, according to its latest…
Indonesian insurtech company PasarPolis has expanded its strategic partnership with superapp Gojek, aiming to make insurance more accessible…
Kitabisa, an Indonesian donation and crowdfunding platform, has officially entered the insurance market with the launch of Kitabisa…
MoneyHero has launched a new car insurance platform through a partnership with bolttech, leveraging its insurance exchange technology…
DBS Group Holdings is in early discussions to expand its insurance offerings in India and Taiwan through new…
Income Insurance has launched FlexiTravel Plus, touted as Singapore’s first travel insurance offering hourly coverage for travelers to…
Four startups from Asia-Pacific (APAC) have been featured in the 2024 CB Insights Insurtech 50, earning recognition as…
In 2023, the insurtech sector in Southeast Asia saw a remarkable resurgence, marking a significant rebound not witnessed…
Parenthood is increasingly seen as a major financial hurdle in Singapore, with over 40% of respondents in a…
MSIG Insurance has partnered with intermediary Embed Global to streamline the business insurance purchasing process for SMEs via…
Insurtech firm Igloo has teamed up with TrueMoney, Thailand’s e-payment and financial services provider, to offer insurance products…
Prudential has announced an expanded strategic partnership with Google Cloud to introduce AI-driven products and applications aimed at…
Singapore’s Minister for Transport and Second Minister for Finance, Chee Hong Tat, clarified that the Ministry of Culture,…
NTUC Enterprise and Income Insurance have refuted claims made by former NTUC Income CEO Tan Suee Chieh in…
The chairman of Income Insurance Limited Ronald Ong recused himself from the board’s decision to appoint Morgan Stanley…
Allianz’s plans to acquire 51% stake in Income Insurance for S$2.2 billion is a strategic move aimed at…
Allianz has announced plans to acquire a majority stake in Singapore’s Income Insurance through its subsidiary, Allianz Europe…
India’s largest state-run reinsurer GIC has selected SAP Fioneer, a software solution provider for financial services, to enhance…