Tag "Singlife"
Financial Sector Dominates LinkedIn’s ‘Best Workplaces’ in Singapore
LinkedIn has released its Top Companies list for 2024, identifying the 15 best workplaces for career growth in Singapore. Financial institutions dominate this year’s rankings, emphasizing the sector’s focus on employee experience and adaptability in integrating artificial intelligence. The analysis,
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Singlife Now Officially a Fully-Owned Subsidiary of Sumitomo Life
Homegrown financial services company Singapore Life Holdings (Singlife) is now officially a fully-owned subsidiary of the Japanese insurance giant, Sumitomo Life. The acquisition deal was greenlit by regulators in both Singapore and Japan on 22 December 2023. The deal values
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Singlife Unveils Upgraded Insurance Plans to Address Coverage Gaps
Homegrown digital-first insurer Singlife today announced the roll-out of two revised insurance plans: Singlife Elite Term II and Singlife Cancer Cover Plus II, aimed at enhancing the financial stability and peace of mind for the Singaporean populace. This initiative aims
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5 Use Cases Of Generative AI (Gen AI) in Banking, Insurance Within Asia
The emergence of generative artificial intelligence (Gen AI) represents a pivotal moment in the technological evolution, significantly altering the digital financial services landscape in the Asia Pacific region where we are seeing a rise of use cases for generative AI
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Fitch Sees Credit Rating Boost for Sumitomo Life Once Singlife Acquisition Finalises
Credit rating agency Fitch Ratings highlighted that Sumitomo Life Insurance Company’s planned acquisition of Singapore-based financial services firm Singlife is poised to bolster the Japanese insurer’s credit standing. The acquisition, still awaiting regulatory approval in Japan and Singapore, is expected
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Singlife Calls Early-Stage Insurtechs to Join 2nd Edition Accelerator Programme
Singapore-based financial services company Singlife has announced the launch of the second edition of its accelerator programme, Singlife Connect 2.0. This initiative follows the success of the programme’s first edition and aims to support up to ten startups specialising in
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Singlife Achieves 35% Reduction in Data Analysis Costs with Qlik
Singapore’s homegrown financial firm Singlife has announced a partnership with Qlik, provider of a business analytics platform, to step up the speed of its digital claims process. Through Qlik’s cloud data integration and visualisation capabilities, Singlife employees gain access to
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Singapore’s Platform Workers Grapple with Financial Freedom, Retirement Planning
A recent study has revealed that platform workers in Singapore face a number of financial challenges, including low levels of financial freedom, difficulty meeting monthly savings targets, and a lack of retirement planning. The ‘Financial Freedom for Platform Workers and
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Sumitomo Life Further Invests S$180 Million in Singlife
Singapore’s homegrown financial firm Singlife has received a significant boost with an investment of nearly S$180 million from Japanese insurer Sumitomo Life. The transaction is subject to regulatory approvals. Singlife’s total share capital now stands at S$2.258 billion and its
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Singlife Offers Free Life Insurance for One Year to SG Assist’s Caregivers
Local financial firm Singlife has partnered with social enterprise SG Assist to provide the first 200 caregivers who enroll in the latter’s new CaregiverCircle membership a free year of group term life insurance. The launch was marked on 15th October
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