Rising road accidents to dent profitability of Singapore motor insurers in 2021, says GlobalData
After registering underwriting profits of S$104.5m in 2020, the profitability of Singapore motor insurers is expected to decline in 2021 Read more
Singapore
General insurance industry in Singapore to reach $4.2bn in 2025, forecasts GlobalData
The general insurance industry in Singapore is expected to grow at a compound annual growth rate (CAGR) of 5.0% from SGDb4.4bn ($3.2bn) Read more
GD Assist Ltd. hosts international webinar on “Medical Tourism & Hospitality after COVID-19” with different stakeholders from Malaysia, Thailand & Singapore
GD Assist Ltd., one of the subsidiaries of Green Delta Insurance Company, has recently organized an international webinar titled “Medical Read more
LIC eyes Rs.31,000 cr first premium
Life Insurance Corporation of India (LIC) is looking to collect at least Rs.31,000 crore as first year premiums from Read more
India Rupee Drops as Subbarao Warns of Wider Current-Account Gap
India’s rupee fell to the lowest level in more than three weeks after central bank Governor Duvvuri Subbarao said the nation’s current-account deficit is set to widen from a record. Bonds declined. Read more
International Insurance News: Willis Launches Innovative Directors All Risks Cover in Asia-Pacific Region
Willis Group Holdings (WSH: NYSE), the global insurance broker, has launched its unique directors’ all risks cover (DARCstar) in Australia, Hong Kong and Singapore.
DARCstar policies have already been written for a number of global companies. The policy has been launched in the United Kingdom, Spain, Sweden, Israel and Columbia with plans to extend the wording to other jurisdictions including New Zealand, Argentina, Chile, France, Germany, Mexico and the Netherlands. Read more
International Insurance news: Foreign insurers enter Myanmar market with hope, caution
The world’s top insurance firms are setting their sights on Myanmar, steeling themselves for a fight with corruption and  ghosts from the nation’s political past.
Prudential Plc, AIA Group Ltd and Manulife Financial Corp are among the global insurance giants preparing to enter  Myanmar as the government rolls out a framework for the sector’s development with the lifting of European and U.S.  sanctions. Read more