News

The Business Times
businesstimes. com. sg > companies-markets > singapore-life-insurers-pay-out-over-s5-billion-q1-highest-quarter-2021

Singapore life insurers pay out over S$5 billion in Q1, the highest for quarter since 2021

5+ hour, 36+ min ago  (993+ words) [SINGAPORE] The local life insurance industry paid out S$5. 08 billion in claims and maturity payouts to individuals and families in Singapore in the first quarter of 2026, marking the highest Q1 payout since 2021. The industry also recorded a 12. 9 per cent year-on-year growth…...

The Business Times
businesstimes. com. sg > wealth > wealth-investing > manulife-issues-record-us300-million-life-policy-single-client

Manulife issues record US$300 million life policy for a single client

2+ mon, 2+ week ago  (138+ words) The sale reflects a nascent but growing use of insurance for legacy and succession planning among high-net-worth families [SINGAPORE] Manulife Singapore has issued a US$300 million life insurance policy for a single client, in what may be the highest-value policy…...

The Business Times
businesstimes. com. sg > singapore > singapore-life-insurance-new-business-premiums-surge-7-7-nearly-s3-billion-h1-2025-while-claims

Singapore life insurance new business premiums surge 7. 7% to nearly S$3 billion in H1 2025 while claims payouts fall 42%

9+ mon, 11+ hour ago  (853+ words) [SINGAPORE] The life insurance industry in the Republic recorded a total of S$2. 99 billion in weighted new business premiums for the first half of 2025, representing a year-on-year growth of 7. 7 per cent. This is considered the industry's highest performance since the…...